US: Retail sales rise 0.6% in September

Ani Salama FXStreet

US retail sales rose by 0.6% in September to a seasonally adjusted $459.82 billion in September, the Commerce Department said Friday.

This reading matched analysts’ expectations and follows a decline of 0.2% in August (revised up from an initially estimated 0.3% decline) and a 0.1% increase in July.

Excluding the automotive category, retail sales rose 0.5% above 0.4% expected. Compared with a year earlier, retail sales were up 2.7% in September.

Author

Ani Salama

FXStreet

Ani Salama is an Economist specialized in financial markets and statistics analysis. In 2010, she joined FXstreet where she now contributes with the news section.

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