I=7
- Advanced retail sales rose 0.6% in February versus a decline of 1.1% in January (revised down from -0.8%) and lower-than 0.8% estimate.
- Excluding autos, retail sales rose 0.3%, in-line with the estimates.
- Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations was flat m/, lower than estimates for a 0.4% increase.
- The numbers are not adjusted for inflation which was up 0.4% on a monthly basis.
