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US February retail sales +0.2% vs +0.6% expected
USD
US retail sales
- Prior was -0.9%
Details:
- Ex-autos % versus +0.3% expected
- Prior ex-autos -0.4%
- Control group % versus +0.3% expected
- Prior control group -0.8%
- Retail sales ex gas and autos + % -0.5% prior
"Our topline performance for the month was soft," Target CFO Jim Lee said at the start of March. He highlighted poor weather but said that "declining consumer confidence impacted our discretionary assortment overall."
Source: Forex Live
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