USA: retail sales virtually unchanged in August
(CercleFinance.com) - After jumping by 1.
1% in July compared with the previous month (revised from an initially announced 1% increase), US retail sales rose by just 0.1% sequentially in August, according to the Commerce Department.
Excluding the sometimes volatile automotive sector (vehicles and equipment), US retail sales were also up 0.1% last month on the previous month, following a sequential rise of 0.4% in July.
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