US Retail Sales MoM (Nov) M/M 0.6% vs. Exp. 0.4% (Prev. 0.0%, Rev. 0%)
Newsquawk Staff ·
US Retail Sales MoM (Nov) M/M 0.6% vs. Exp. 0.4% (Prev. 0.0%, Rev. 0%)
What it means
US retail sales came in at 0.6% for November, beating expectations of 0.4% and significantly bouncing back from the previous month's 0.0% growth. This stronger-than-expected print suggests resilient consumer spending, which may influence monetary policy considerations, potentially affecting rate outlooks if the trend continues.
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