US: Retail Sales Rose 0.3% in January as Expected

Friday, 14 February 2020 20:47 WIB

Retail Sales in the US increased by 0.3% on a monthly basis in January following December's 0.2% growth, the advanced data published by the US Census Bureau showed on Friday. This reading came in line with market expectation. Retail Sales Excluding Autos also rose 0.3% in the same period after rising 0.6% in December. "Total sales for the November 2019 through January 2020 period were up 4.4% from the same period a year ago," the publication further read. The US Dollar Index inched higher after the data and was last up 0.03% on the day at 99.13. Source : Fxstreet

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