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US: Retail Sales rise by 0.3% in August

Adel 15 September, 2022 4:40 pm Market Update

Retail Sales in the US stayed increased by 0.3% to $683.3 billion in August, the data published by the US Census Bureau showed on Thursday. This reading followed July’s decrease of 0.4% (revised from 0%) and came in better than the market expectation for a no-change. Retail Sales ex Autos were down by 0.3%.

The US Dollar Index showed no immediate reaction to these figures and was last seen trading flat on the day at 109.68.

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