US Retail Sales Ex Gas/Autos MoM (Nov) M/M 0.4% vs. Exp. 0.1% (Prev. 0.4%, Rev. 0.5%)
Newsquawk Staff ·
US Retail Sales Ex Gas/Autos MoM (Nov) M/M 0.4% vs. Exp. 0.1% (Prev. 0.4%, Rev. 0.5%)
What it means
The US retail sales ex gas and autos for November came in at 0.4%, significantly beating expectations of 0.1%. This stronger-than-anticipated reading suggests continued consumer resilience, which could have implications for growth forecasts and potentially influence the Fed's outlook on monetary policy.
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