Analysts at TD are looking for US retail sales to rise by 0.2% in February, slightly below the market consensus for a 0.3% gain.
“Gasoline and motor vehicle sales should make a neutral contribution and a late start to the tax refund season will weigh on retail sales as a whole. We expect ex-auto sales and the control group to both print at 0.3% (market: 0.4%).”
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