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US: Retail Sales Fall Sharply in March, Recording a Second Consecutive Month of Declines
Retail sales fell 1.0% month-on-month (m/m) in March, much weaker than the consensus forecast calling for a more moderate pullback of 0.4% m/m. February’s reading was revised up marginally to -0.2% (from -0.4%), making today’s print just a tad less unfavorable. Sales in the auto sector declined for the second consecutive month, largely driven by […] The post US: Retail Sales Fall Sharply in March, Recording a Second Consecutive Month of Declines appeared first on Action Forex...
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Posted: Apr 14 2023, 13:48
Author Name: actionforex
Views: 111217