US retail sales rise less than expected

Economies.com
2019-12-13 14:04PM UTC

The US retail sales index rose less than expected in November, a negative sign ahead of the Christmas holiday season, amid forecasts to have strong sales.

 

Despite strong sales in the Black Friday in November, the US retail sales index rose only by 0.2%, lower than forecasts of 0.5% and lower than 0.4% in October.

 

Cars and spare parts sales to in rose by 0.5% last month, and fuel sales rose by 0.7%.

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