French retailer Carrefour Group (0NPH.L,CRRFY.PK,CRERF.PK) posted Group consolidated sales, including VAT, of 20.8 billion euros for the first quarter 2013, up 1.3% at constant exchange rates, and organic growth of 1.9%. The foreign exchange impact in the quarter was a negative 2.6%, due mainly to the significant depreciation of the Brazilian and Argentine currencies.
Sales in France was down 0.7%, with a negative calendar effect of 1.1%, while International sales advanced by 3.0% at constant exchange rates, with an organic growth of 3.5%. Sales in the other European countries reflected the unfavorable consumption environment, with the notable exception of Belgium where sales continued to grow, the company added.
Organic sales in Asia were broadly stable, with a positive calendar effect estimated at 0.8%. Meanwhile, Latin American sales climbed 13.9% at constant exchange rates in Latin America, with organic growth of 14.0%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.