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US July retail sales +0.7% versus +0.4% expected

Prior was +0.2% (revised to +0.3%)Details:Retail sales m/m +0.7% versus +0.4% expectedEx-autos +1.0% versus +0.4% expected. Prior ex autos +0.2%Control group +1.0% versus +0.5% expectedPrior control group +0.6% (revised to +0.5%)Retail sales ex gas and autos +1.0%. Prior month +0.3% (revised to +0.4%)retail sales total $696.4 billion vs $689.5 billion priorThe higher reading on the control group is the fourth month in a row of gains and highlights the ongoing strength of the US consumer. It's... Read More

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July

Retail

Sales

Versus

Expected

Forex

Posted: Aug 15 2023, 12:30

Author Name: forexlive

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