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<Econ> US Feb Retail Sales Advance Estimate +0.6%, Above Expectations
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The US Department of Commerce announced on Wednesday that the advance estimate of retail sales for February increased by 0.6%, higher than the revised decline of 0.1% in January and above market expectations for a 0.4% increase. Excluding automobiles and auto parts, retail sales in February rose by 0.5%. The retail sales data are seasonally adjusted but not adjusted for inflation. Due to last years government shutdown, the February retail sales report was released several weeks later than usual. On a YoY basis, retail sales in February increased by 3.7%. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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