Browsing: retail

The latest official national economic figures released on Friday verify that the Canadian economy expanded by 0.3 per cent in May, marking the continuation of an ongoing recovery for a second month in a row and surpassing earlier government projections. As detailed in monthly Gross Domestic Product statistics published by Statistics Canada, real output saw increases in 13 out of 20 primary industrial sectors, driven by widespread growth in goods-producing industries and sustained demand across the service sector. The actual monthly growth exceeded the initial preliminary estimate of 0.1 per cent, boosting the momentum of the national economy after April’s revised growth rate of 0.6 per cent.

Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance, Finance Ministry data shows.

U.S. Polo Assn. has launched its Fall-Winter 2024 Collection, blending sporty style and festive warmth, with pieces perfect for gifting this holiday season.