Retail sales in the US advanced by 0.8% in March

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Source: Forexpros
US retail sales eased up more than projected last month, extending previous month's gain, according to the US Census Bureau. The retail sales increased by 0.8% in March as compared to a 1.1% rise in the preceding month. Analysts predicted the figure to edge up by 0.3% in March. Core retail sales that exclude auto sales advanced by 0.8% in March, surpassing forecasts of a 0.6% increase.



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Tue, 17 Apr 2012 10:18:24 GMT

Rio Tinto reported a 2% increase in iron ore sales

Rio Tinto Ltd. announced that its sales of iron ore soared by 2% in Q1 on a yearly basis whereas copper output tumbled by 18% as red metal's grades are likely to be lower than expected. Meanwhile iron ore production surged by 10% attaining 59 million tons while alumina output increased by 13%. The production of coking coal gained 5%

Tue, 17 Apr 2012 09:37:10 GMT

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