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UK clothing price deflation slows in May

2015-06-03 12:05:03| Daily apparel & textile news and comment - from just-style.com

UK clothing prices continued on their downward trajectory in May, albeit at a slower rate than the month before, according to the latest figures.

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Services sector slows sharply in May

2015-06-03 11:09:10| BBC News | Business | UK Edition

Growth in the services sector suffered its biggest slowdown in almost four years in May, raising fears about the strength of the economic recovery.

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US auto sales reach fastest pace in almost ten years this May

2015-06-03 11:03:05| Auto Dealers - Topix.net

While other economic indicators are showing signs of fatigue, US auto sales in May - with the country being the world's second largest auto market - raced to their strongest pace in almost a decade thanks to cheap loans and affordable gasoline. According to researcher Autodata Corp., the automotive market in May rushed past analyst predictions for a 1.1 percent slide in demand and inched up by 1.6 percent to 1.64 million units.

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Consumers flock to auto dealers in May

2015-06-03 01:43:53| Auto Dealers - Topix.net

Pent-up demand drove consumers into auto dealerships in May. Auto sales were strong and on pace to having its best year in nearly a decade, fueled by demand for pickup trucks and sport utilities. Easier credit has played a role in boosting auto sales for a while, but extended loan payment terms have lessened the sting from higher priced vehicles, making financing more affordable.

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Canadian auto sales hit a record high in May

2015-06-02 23:41:16| Auto Dealers - Topix.net

Canadians bought a record number of new vehicles in May as auto sales climbed 1.1 per cent from the same month last year, according to DesRosiers Automotive Consultants. The industry is on pace for a record year as luxury brands including Porsche, Mercedes-Benz, Audi, BMW and Lexus posted double-digit growth in sales.

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