The retail sales in October they rose 0.3% below the expected increase of 0.5%. In September they had an increase of 1.6% (revised down from 1.9%). From a year ago, sales are up 5.7%, the highest rate in more than a year.
The sales without taking into account automobiles, they had a rise of 0.2% below the market consensus of 0.6%. Data for the previous month were also revised down from 1.5% to 1.2%.
The retail control group sales, which is used to estimate GDP, increased 0.1%, while the expectation was 0.5%. The September revision was negatively significant, going from a rise of 1.4% to 0.9%.
The October retail sales report showed figures below expectations in almost all indicators. The dollar It lost ground against the yen after the report in a moderate way, but it appreciated against the rest of the currencies. Wall Street futures hit new lows.
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