HomeLive CommentsUS retail sales dropped -0.3%, first contraction in seven months

US retail sales dropped -0.3%, first contraction in seven months

ActionForex
By ActionForex

US retail sales dropped -0.3% mom in September, much worse than expectation of 0.3% mom rise. That’s also the first decline in seven months since February. Ex-auto sales dropped -0.1% mom, also worse than expectation of 0.2% mom. Annually, retail sales rose 0.4% yoy over September 2018. Total sales for the July 2019 through September 2019 period were up 4.0% from the same period a year ago.

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