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Retail sales fall 0.7% in December

He Retail sales report showed figures below expectations. In December registered a 0.7% decline against the expectation of an unchanged reading. In November they had fallen 1.4% (revised down from -1.1%).

Regarding the sales without taking into account cars, there was a decrease of 1.4%, higher than the 0.1% drop of the market consensus. The retail control group sales they had a decrease of 1.9%, being that a slight increase was expected.

The data was released along with the wholesale inflation report, which also showed lower than expected numbers. He dollar backed away after the new information. Figures for consumer confidence and industrial production will be released later on Friday.

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