US: Retail sales decline 0.2% in April vs +0.2% expected
|The advance monthly retail sales report published by the U.S. Census Bureau today showed that retail and food services sales for April 2019 declined by 0.2% to $513.4 billion.
The US Dollar Index, which rose to a daily high of 97.67 in the last hour, retreated slightly from highs amid the disappointing data and was last up 0.09% on the day at 97.60.
Key takeaways from the press release
- Total sales for the February 2019 through April 2019 period were up 3.0% from the same period a year ago.
- The February 2019 to March 2019% change was revised from up 1.6% to up 1.7% percent.
- Retail trade sales were down 0.2% from March 2019, but 2.8% above last year.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.