US retail sales exceed forecasts in August

2021-09-16 15:00:07 GMT (Economies.com)
US retail sales exceed forecasts in August

At 12:30 GMT, the US economy released its reading for the retail sales index , which fell 0.7% in August, beating forecasts of drop by 0.7%, and better than the previous reading of a drop by 1.8% after it was revised from 1.1%. 

 

The core reading (excluding car sales) rose 1.8%, beating forecasts of 0.1%, while the previous reading was at -1%. This data is positive for the US economy. 

 
 
 
  Symbol Last Change Chg.%
1.1622
0.0011
0.0947%
1.3772
0.0033
0.2384%
Tadawul
11873.70
27.77
0.23%
24.439
1.125
4.825%
84.658
1.312
1.574%
86.17
0.65
0.76%
1801.395
31.655
1.789%
 
 
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