US advance retail sales decline 0.3% m-o-m in January

"Advance estimates of U.S. retail and food services sales for January 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $492.0 billion, a decrease of 0.3 percent (±0.5 percent) from the previous month, but 3.6 percent (±0.7 percent) above January 2017," the U.S. Census Bureau announced this Friday. 

Key highlights:

Total sales for the November 2017 through January 2018 period were up 4.9 percent (±0.5 percent) from the same period a year ago. 

The November 2017 to December 2017 percent change was revised from up 0.4 percent (±0.5 percent) to virtually unchanged (±0.3 percent).

Retail trade sales were down 0.3 percent (±0.5 percent) from December 2017, but 3.9 percent (±0.7 percent) above last year. 

Nonstore Retailers were up 10.2 percent (±1.4 percent) from January 2017, while Gasoline Stations were up 9.0 percent (±1.6 percent) from 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 securities. 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 Forex 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.