US September retail sales rise 0.8% MoM, above 0.3% estimate; control group up just 0.1%

US September retail sales rose 0.8% month-on-month, above the 0.3% estimate, while sales excluding autos rose 0.9% versus a 0.5% forecast. The control group, which excludes autos, gasoline, building materials and restaurants, rose just 0.1% versus a 0.3% estimate, pointing to softer underlying spending. Sales rose 6.29% annually; the prior annual figure was revised to 5.36% from 6.01%.

Detected & updated continuously · Source: Nebula

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