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Retails Sales Beat Expectations On Levered Car And Gas Sales, As Inflation Picks Up Again In Import Prices

There is good and bad news in today's economic data release: on one hand retail sales in September beat expectations at 1.1%, on expectations of 0.7%, and up from an upward revised 0.3% in August. Retail sales less autos was a modest beat at 0.6% on expectations of 0.3%, although the previous number was revised substantially higher from 0.1% to 0.5%. Yet confirming that the bulk of the "beat" was in auto and associated gas sales, was that Retail Sales ex Autos and Gas (duh) came at 0.
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Core Retail Sales Beat Despite Electronics And Appliance Sales Drop; Empire Fed Misses Big

Business & Finance : Zero Hedge (last year)

Good news, bad news on the economic front this morning. The good news: December advance retail sales rising 0.5% on expectations of a 0.2% increase, up from a 0.4% revised November print. Excluding the volatile auto sales, the numbe... Read Post

RETAIL SALES BEAT EXPECTATIONS

Business & Finance : Business Insider: Money Game (2 years ago)

Retail sales for October beat expectations, with headline data coming in at 0.5%. Sales less autos came in at 0.6% (versus consensus of 0.3%), and sales ex autos and gas came in at 0.7% (compared to expectations of 0.2%. Headline sa... Read Post

Retail Sales Beat Expectations, As Empire Index Misses, Negative For Third Month In A Row

Business & Finance : Zero Hedge (2 years ago)

The economic data twofer this morning was a beat and a miss. Retail sales increased by 1.1% on expectations of a 0.8% increase, with the last month's data being revised from 1.2% to 0.9%. Headline retail sales, ex autos was up 1.1% ... Read Post


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