Action Forex · 1 min read

U.S. Retail Sales Rise in September, but Gas Prices Do the Heavy Lifting 

U.S. Retail Sales Rise in September, but Gas Prices Do the Heavy Lifting 

Retail and food services sales advanced by 0.8% m/m in September, following an unexpectedly strong gain in the prior month. Adjusted for inflation, sales volumes rose by just 0.1%. The headline gain was heavily driven by an outsized jump in sales at gasoline stations as gas prices rose by over 6% on the month. Meanwhile, […] The post U.S. Retail Sales Rise in September, but Gas Prices Do the Heavy Lifting  appeared first on ActionForex.

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