August 20187 US retail sales data 14 September 2018

  • Prior 0.5%. Revised to 0.7%
  • Ex-autos 0.3% vs 0.5% exp m/m. Prior 0.6%. Revised to 0.9%
  • Ex-autos/gas 0.2% vs 0.6% prior m/m
  • Control group (core) 0.1% vs 0.4% exp m/m. Prior 0.5%. Revised to 0.8%

Sales on the soft side with the excuse that higher gasoline prices are sucking money away from other sales. Clothing and department stroes were the biggest losers. The only bonus was the higher eevisions last month.

Also out;

  • August import prices -0.6% vs -0.2% exp m/m. Prior 0.0%. Revised to -0.1%
  • Export prices -0.1% vs 0.0% exp m/m.  Prior -0.5%

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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