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US retail sales down -1% mom in Mar, ex-auto sales down -0.8% mom

ActionForex
By ActionForex

US retail sales contracted -1.0% mom to USD 691.7B in March, worse than expectation of -0.5% mom. Total sales for January through March period were up 5.4% from the same period a year ago.

For the month, ex-auto sales dropped -0.8% mom to USD 562.9B, below expectation of -0.4% mom. Ex-gasoline sales decreased -0.6% mom to USD 636.5B. Ex-auto and gasoline sales declined -0.3% mom to USD 507.6B.

Full US retail sales release here.

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