He US retail sales report for the month of November showed a larger-than-expected drop in key indicators. The sales they fell by 1.1%, being that the consensus was for a fall of 0.3%. In turn, the October figures were revised downward from + 0.3% to -0.1%.
In this way, two consecutive monthly falls were registered.. November’s was the biggest monthly drop since April. Compared to a year ago, sales were up 4.1% down from 5.7% in the prior month.
The sales without taking into account cars they fell 0.9%, against the market consensus that was for a rise of 0.1%. The control group sales registered a fall of 0.5%, against the expectation of an increase of 0.2%, October sales were revised down from + 0.1% to -0.1%.
The December IHS Markit preliminary report will be released later on Wednesday. In the afternoon of the American session, the most important thing will come with the decision of the Federal Reserve.
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