MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

VDMA Factory Orders Remain Weak in June

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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Canada Data: Retail Sales +2.0% in May, +3.6% Y/Y> 

Release for:                          May 2018
Source: Statistics Canada
Millions of Canadian dollars, seasonally adjusted
                                                             yr-ago
Trade group                                   May-18  Apr-18  May-17
Total retail sales                            50,756  49,757  49,005
Total retail sales (2007 chained dolla        47,778  46,830  47,404
Total retail sales excl auto                  37,007  36,496  35,543
Total ex mtr veh, gas                         31,176  30,907  30,531
Mtr Veh, parts dealers                        13,749  13,261  13,462
 New car dealers                              11,043  10,662  10,923
 Used car vehicles                               925     886     898
 Other Mtr Vehicle                               895     892     837
 Auto Parts, accessories                         887     821     804
Furniture                                      1,576   1,576   1,556
 Furniture stores                                970     978     963
 Home furnishings stores                         606     598     594
Home electronics, appliances                   1,379   1,379   1,300
Bldg, outdoor home supplies                    3,194   3,030   3,007
Food and beverage stores                      10,104  10,323  10,172
 Supermarkets                                  6,808   7,029   7,009
 Convenience                                     691     684     647
 Specialty                                       663     654     603
 Beer, wine, liquor stores                     1,942   1,956   1,913
Health, personal care                          3,838   3,838   3,863
Gasoline Stations                              5,831   5,589   5,012
Clothing and accessory                         2,877   2,799   2,740
 Clothing stores                               2,228   2,181   2,080
 Shoe Stores                                     342     328     344
 Jewelry, luggage                                307     290     317
Sporting goods, hobby, music                   1,075   1,065   1,046
Other general merchandise stores               5,805   5,627   5,603
Miscellaneous Stores                           1,328   1,270   1,245
Percent change:                                 m/m           yr/yr
Total retail sales                               2.0             3.6
Total retail sales (2007 chained dolla           2.0             0.8
Total retail sales excl auto                     1.4             4.1
Total ex mtr veh, gas                            0.9             2.1
Mtr Veh, parts dealers                           3.7             2.1
 New car dealers                                 3.6             1.1
 Used,  recreational vehicles                    4.4             3.0
 Other Mtr Vehicle                               0.3             6.9
 Auto Parts, accessories                         8.0            10.3
Furniture                                        0.0             1.3
 Furniture stores                               -0.8             0.7
 Home furnishings stores                         1.3             2.0
Home electronics, appliances                     0.0             6.1
Bldg, outdoor home supplies                      5.4             6.2
Food and beverage stores                        -2.1            -0.7
 Supermarkets                                   -3.1            -2.9
 Convenience                                     1.0             6.8
 Specialty                                       1.4            10.0
 Beer, wine, liquor stores                      -0.7             1.5
Health, personal care                            0.0            -0.6
Gasoline Stations                                4.3            16.3
Clothing and accessory                           2.8             5.0
 Clothing stores                                 2.2             7.1
 Shoe Stores                                     4.3            -0.6
 Jewelry, luggage                                5.9            -3.2
Sporting goods, hobby, music                     0.9             2.8
General Merchandise                              3.2             3.6
Miscellaneous Stores                             4.6             6.7
Percentage changes calculated by MNI.
--MNI Ottawa Bureau; email: yali.ndiaye@marketnews.com
[TOPICS: MACDA$, MACR1$]
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