Home / Market Update / US: Retail Sales Decline by 0.7% in December

US: Retail Sales Decline by 0.7% in December

Retail Sales in the US fell by 0.7% in December to $540.9 billion, the data published by the US Census Bureau showed on Friday. This reading followed November’s decline of 1.4% and came in worse than the market expectation of no-change.

Check Also

Is the Loonie’s Slump Justified? Why BoC is Failing its Dual Mandate?

The Canadian Dollar (CAD) isn’t just weak; it’s a testament to policy paralysis. Its recent …