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US Retail Sales MoM (Jan) M/M -0.2% vs. Exp. -0.3% (Prev. 0.0%, Rev. From 0%, Low. -0.7%, High. 0.5%)

Newsquawk Staff ·

US Retail Sales MoM (Jan) M/M -0.2% vs. Exp. -0.3% (Prev. 0.0%, Rev. From 0%, Low. -0.7%, High. 0.5%)

What it means

The January retail sales figure came in at -0.2%, which is slightly better than the expected -0.3% and may indicate some resilience in consumer spending despite challenges. This could influence expectations regarding economic growth and may lead to discussions around future monetary policy decisions, as retail sales are a key indicator for consumer demand and inflationary pressures.

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