The Commerce Department reported on Tuesday the sales at U.S. retailers rose 0.3 percent m-o-m in October, following a revised 1.6 percent m-o-m climb in September (originally a 1.9 percent m-o-m jump).

Economists had expected total sales would advance 0.5 percent m-o-m in October.

Excluding auto, retail sales increased 0.2 percent m-o-m in October after a revised 1.2 percent m-o-m surge in the previous month (originally a 1.5 percent m-o-m increase), being worse than economists’ forecast of a 0.6 percent m-o-m rise.

Meanwhile, closely watched core retail sales, which exclude automobiles, gasoline, building materials and food services, and are used in GDP calculations, edged up 0.1 percent m-o-m in October after a downwardly revised 0.9 percent m-o-m advance in September (originally a 1.4 percent m-o-m gain). 

In y-o-y terms, the U.S. retail sales surged 5.7 percent in October after a revised 5.9 climb in the previous month (originally a 5.4 percent jump).