U.S. retail sales show modest increase in January

Noticias del mercado

13 febrero 2013

U.S. retail sales show modest increase in January

Retail sales in the U.S. saw a modest increase in the month of January, according to a report released by the Commerce Department on Wednesday.

The report showed that retail sales crept up by 0.1 percent in January following a 0.5 percent increase in December. The modest increase in sales matched economist estimates.

Excluding a 0.1 percent drop in sales by motor vehicle and parts dealers, retail sales rose by 0.2 percent in January compared to a 0.3 percent increase in December.

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U.S.: Retail sales excluding auto, January +0.2% (forecast +0.2%)

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