US Retail Sales Ex Autos MoM (Jan) M/M 0.0% vs. Exp. 0% (Prev. 0.0%, Rev. From 0%, Low. -0.4%, High. 0.7%)
Newsquawk Staff ·
US Retail Sales Ex Autos MoM (Jan) M/M 0.0% vs. Exp. 0% (Prev. 0.0%, Rev. From 0%, Low. -0.4%, High. 0.7%)
What it means
The US retail sales data for January came in at 0.0% month-on-month, matching expectations but indicating no growth after revisions. This outcome suggests that consumer spending is flat, which could signal softer demand and may impact expectations for monetary policy, particularly in relation to inflation and growth outlooks.
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