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US: Retail Sales Rose 0.3% in January as Expected


Friday, 14 February 2020 20:47 WIB

Retail SalesCoreRetailRETAIL AS


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Retail Sales in the US increased by 0.3% on a monthly basis in January following December's 0.2% growth, the advanced data published by the US Census Bureau showed on Friday. This reading came in line with market expectation.

Retail Sales Excluding Autos also rose 0.3% in the same period after rising 0.6% in December.

"Total sales for the November 2019 through January 2020 period were up 4.4% from the same period a year ago," the publication further read.

The US Dollar Index inched higher after the data and was last up 0.03% on the day at 99.13.

Source : Fxstreet


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