I=5
- Retail sales were up 0.7% in March compared to 0.9% in February (revised up from 0.6%) and exceeding 0.4% estimate.
- Excluding autos, retail sales rose 1%, above 0.3% estimate.
- Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations was up 1.1%, exceeding 0.4% estimate.
- The numbers are not adjusted for inflation which rose 0.4% in March.
