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Retail sales: Difference between revisions
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* Retail sales excluding auto and gas rose 0.3% during the month in-line with estimates. | * Retail sales excluding auto and gas rose 0.3% during the month in-line with estimates. | ||
* Seven out of 13 categories saw growth in sales, including non-store retailers, electronics stores and furniture outlets. | * Seven out of 13 categories saw growth in sales, including non-store retailers, electronics stores and furniture outlets. | ||
* Retail sales are not adjusted for inflation, but real | * Retail sales are not adjusted for inflation, but real retail sales is expected to be flat given that consumer price index rose 0.2% for the month.<ref>https://www.cnbc.com/2023/07/17/stock-market-today-live-updates.html</ref> | ||
* Year-over-year, retail sales rose 1.49% below estimate of 1.60%<ref>https://www.investing.com/economic-calendar/retail-sales-1878</ref>. | * Year-over-year, retail sales rose 1.49% below estimate of 1.60%<ref>https://www.investing.com/economic-calendar/retail-sales-1878</ref>. | ||
== References == | == References == | ||
<references /> | <references /> | ||