Retail Sales (MoM) (US)

We have seen some volatile numbers for retail sales. In May we saw a 17.7% surge as the country reopened and in June the increase was at 7.5%, but the pace of the increase slowed in July for both, core and headline sales and again in August, but in September we saw a reversal in the trend as sales increased by 1.9%. In October the increase slowed to 0.3%, while sales declined in November and December. They jumped by 5.3% in January but declined by 3% in February, although increased by nearly 10% again in March. In April they came flat at 0% while in May core sales declined by 0.7% and headline sales by 1.3%. In August we saw a decline but sales have been positive since then and are expected to increase by 0.2% in April after a 0.5% in March. In May we saw a 0.3% decline while June came at 1.0%. July was expected to slow to 0.2% but fell flat at 0.0%. In August we saw a 0.3% decline, while in September they came at 0.1%. In January we saw a strong 3.0% increase after the decline in December, while February showed another decline of 0.4%. In March the decline accelerated to -1.0% but we have seen two decent increases in sales in April and May. Sales have been positive since then and December is expected to show a 0.4% increase for the headline number. Please follow us for live coverage in real-time of the event by experienced analysts.