Retail sales in the United States grew by 0.6% month-over-month in August , following 1.2% gain in July and below market expectations of 1.0% rise.
Sales rose the most for food services and drinking, clothing furniture, and building materials and garden equipment.
Sales rose the most for food services and drinking, clothing furniture, and building materials and garden equipment.
Retail sales excluding autos increased 0.7 % month-over-month in August from 1.9% growth in July, below analysts’ estimates of a 0.9 % gain.
US retail sales rise less than expected in August. Source: Macrobond, XTB
EURUSD saw relatively small reaction to today’s data releases. The most popular currency pair continues to trade around 1.1875 level. Source: xStation5
