๐ Retail Sales Data in the USA for February
๐น Total Growth: +0.2% m/m (forecast was +0.6%)
๐น Excluding Autos: +0.3% m/m (forecast +0.4%)
๐น Excluding Autos and Fuel: +0.5% m/m (previous value -0.5%)
๐น โControl Groupโ (key indicator for GDP): +1% m/m (prev. -0.8%)
The data turned out to be mixed: total growth is below forecast, but the key indicator for GDP shows a strong rebound.
#macro #USD #RetailSales #Economy
๐น Total Growth: +0.2% m/m (forecast was +0.6%)
๐น Excluding Autos: +0.3% m/m (forecast +0.4%)
๐น Excluding Autos and Fuel: +0.5% m/m (previous value -0.5%)
๐น โControl Groupโ (key indicator for GDP): +1% m/m (prev. -0.8%)
The data turned out to be mixed: total growth is below forecast, but the key indicator for GDP shows a strong rebound.
#macro #USD #RetailSales #Economy
