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Retail Sales soar in the US

Autore: FXStreet.com




FXstreet.com (Barcelona) - Consumption driven Retail Sales improved in the US, according to the Census Bureau release. Retail Sales in October increased 1.2% in comparison to September, while the same indicator excluding autos increased 0.4%.

The previous month's reading of the overall Retail Sales was revised up to 0.7%, falling short on the anticipation of the recovery, market forecasts placed the current release at 0.8%. In terms of the Retail Sales excluding Autos, the previous print was also revised, this time to 0.5% but the result followed the market forecast at 0.4%.

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