US retail sales rose just 0.6% mom to USD 537.5B in August, well below expectation of 1.1% mom. Ex-auto sales rose 0.7% mom, also below expectation of 1.1% mom. Total sales for June through August were up 2.4% yoy from the period a year ago.
US retail sales rose just 0.6% mom to USD 537.5B in August, well below expectation of 1.1% mom. Ex-auto sales rose 0.7% mom, also below expectation of 1.1% mom. Total sales for June through August were up 2.4% yoy from the period a year ago.