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NewsBreak: U.S. Retail Sales Rose 0.4% in August, Beating Forecasts

Published 09/13/2019, 08:35 AM
Updated 09/13/2019, 08:49 AM
© Reuters.
EUR/USD
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Investing.com -- U.S. retail sales rose 0.4% in August, beating expectations for a 0.2% rise, and were up 4.1% from a year earlier, the U.S. Census Bureau said Friday. That's the fifth straight monthly increase in sales, reinforcing the impression that domestic consumption still hasn't been hurt much by the slowdown in manufacturing this year.

  • July's monthly gain revised up to 0.8% from an initial 0.7%.

  • Core retail sales were unchanged on the month, missing forecasts for a 0.1% rise and down from a 1% gain in July.

  • Michigan consumer sentiment survey due at 10 AM ET (1400 GMT).

  • EUR/USD at $1.1081 at 8:42 AM ET, down a touch from $1.1088 before the data.

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