US Retail Sales MoM (Dec) M/M 0% vs. Exp. 0.4% (Prev. 0.6%, Low. -0.2%, High. 0.6%)
Newsquawk Staff ·
US Retail Sales MoM (Dec) M/M 0% vs. Exp. 0.4% (Prev. 0.6%, Low. -0.2%, High. 0.6%)
What it means
The US Retail Sales for December came in at 0% month-over-month, missing expectations of a 0.4% increase. This underwhelming print, especially compared to the prior month's growth of 0.6%, raises concerns about consumer spending trends and may have implications for future economic growth and monetary policy outlook.
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