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U.S. Retail Sales Rebound in February

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Retail sales rose by 0.7% month-on-month (m/m) in March, adding to February’s upwardly revised 0.9 % gain (previously 0.6%). The increase was higher than the consensus forecast calling for a more modest increase of 0.4% Trade in the auto sector was down -0.7% m/m, reflecting a decline at motor vehicle dealers (-0.9%), which was only […]

The post U.S. Retail Sales Rebound in February appeared first on Action Forex.

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