Retail Sales in the US stayed unchanged in September.
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- Retail Sales in the US stayed unchanged in September.
- US Dollar Index clings to strong daily gains above 113.00.
The data published by the US Census Bureau showed on Friday that Retail Sales in the US, adjusted for seasonal variation, holiday and trading-day differences but not for price changes, stayed virtually unchanged at $684 billion in September. This reading followed August’s increase of 0.4% and came in below the market expectation of +0.2%.
“Total sales for the July 2022 through September 2022 period were up 9.2% from the same period a year ago,” the publication further read. “The July 2022 to August 2022 percent change was revised from up 0.3% to up 0.4%.”
The US Dollar Index showed no immediate reaction to this data and was last seen rising 0.55% on the day at 113.08.
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