I=6
Retail sales rose 0.4% in September, better than 0.3% estimate
- U.S retail sales rose 0.4% in September, better than 0.3% forecast and 0.1% in August.
- On a yearly basis, retail sales rose 1.74%, down from 2.16% in August (revised upwards from 2.13%).
- Excluding autos, retail sales increased 0.7%, above 0.3% estimate.
- Control group sales rose 0.7%, above 0.3% estimate.
- The numbers are not adjusted for inflation which rose 0.2% on the month.
