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US Retail Sales in August Increase by 0.6%, 1% Expected

Adel 16 September, 2020 5:17 pm Breaking News, Market Update

Retail Sales in the United States rose by 0.6% on a monthly basis in August to $537.5, the data published by the US Census Bureau revealed on Wednesday. This reading followed July’s increase of 0.9% (revised from 1.2%) and missed the market expectation of 1%.

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