US Retail Sales Rise 0.8%, but Spending Excluding Gasoline Barely Grows

US retail sales increased 0.8% mom in September, exceeding expectations of 0.6%, although growth slowed from an upwardly revised 1.3% in August. According to the Census Bureau, total retail and food services sales reached USD 745.0B, up 6.3% yoy. Sales excluding autos also beat forecasts, rising 0.9% mom against expectations of 0.6%, but moderating from […] The post US Retail Sales Rise 0.8%, but Spending Excluding Gasoline Barely Grows appeared first on ActionForex.