News

US: Retail Sales rose 0.5% in May vs. 0.6% expected

The data published by the U.S. Census Bureau showed that Retail Sales in May on a monthly basis increased by 0.5% to fall slightly short of the market expectation of 0.6%. With the initial market reaction, the US Dollar Index edged higher and was last up 0.18% on the day at 97.20.

"Total sales for the March 2019 through May 2019 period were up 3.6% from the same period a year ago. The March 2019 to April 2019 percent change was revised from down 0.2% to up 0.3%," the U.S. Census Bureau said in its publication.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.