I=6
Retail sales rose 0.4% in September, better than 0.3% estimate
- U.S retail sales rose 0.4% in October, better than 0.3% estimate and lower than 0.8% in September (revised upwards from 0.4%).
- On a yearly basis, retail sales grew 2.8%, exceeding 2.0% in September (revised upwards from 1.74%).
- Excluding autos, retail sales increased 0.1%, below 0.3% estimate.
- Control group sales fell 0.1% against expectations for a 0.3% increase.
- Retail sales were driven by autos.
-
- The numbers are not adjusted for inflation which rose 0.2% on the month.
