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

Bank of Canada

Canada’s Job Losses Surpass Expectations as Labor Market Struggles in July

Canada’s labor market took an unexpected downturn in July, shedding 41,000 jobs and reversing much …