Retail sales fell by -0.1% month-on-month (m/m) in October, down from September’s reading of 0.9% growth. This was slightly better than consensus forecast calling for a larger decline of -0.3%. Trade in the auto sector pulled back on the month falling by -1.0% m/m, reflecting a decline in sales at motor vehicle dealers (down -1.1%) […]
The post U.S. Retail Sales Retreat in October for the First Time in Seven Months appeared first on Action Forex.
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