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US retail sales up 3.0% mom in Jan, ex-auto sales rose 2.3% mom

ActionForex
By ActionForex

US retail sales rose 3.0% mom to USD 697B in January, above expectation of 1.7% mom. Ex-auto sales rose 2.3% mom to USD 565B, above expectation of 0.9% mom. Ex-gasoline sales rose 3.2% mom to USD 637B. Ex-auto, gasoline sales rose 2.6% mom to USD 506B.

Total sales for the November through January period were up 6.1% yoy from the same period a year ago.

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