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15 Oct 2014
US Retail Sales growth expected to slow down in September - Danske
FXStreet (Łódź) - According to Pernille Bomholdt Nielsen from Danske, September US Retail Sales numbers, due out later today, should show a considerable decline.
Key quotes
"Both store sales and in particular auto sales were weak in September."
"Lower gasoline prices should also weigh on the headline figure."
"However, retail sales excluding autos and gasoline is still expected to show a healthy gain in September, underscoring that underlying strength in private consumption remains intact."
Key quotes
"Both store sales and in particular auto sales were weak in September."
"Lower gasoline prices should also weigh on the headline figure."
"However, retail sales excluding autos and gasoline is still expected to show a healthy gain in September, underscoring that underlying strength in private consumption remains intact."