Home US: Retail sales increased 0.8% in October vs 0.5% expected
FXStreet News

US: Retail sales increased 0.8% in October vs 0.5% expected

“Advance estimates of U.S. retail and food services sales for October 2018  were $511.5 billion, an increase of 0.8  percent  from the previous month, and 4.6 percent above October 2017,” the U.S. Census Bureau announced on Thursday.

Key takeaways from the press release

  • Total sales for the August 2018 through October 2018 period were up 5.0 percent from the same period a year ago.  
  • Gasoline Stations were up 16.2 percent  from October 2017, while Nonstore Retailers were also up 12.1 percent from last year.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.