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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