| Indicator | Value |
|---|---|
| Forecast | 1.4% |
| Previous | 0.6% |
The retail sales m/m report measures changes in the value of retail sales in a given month. It is a key indicator of economic health, as consumption constitutes a large part of GDP. An increase in retail sales may suggest stronger consumer demand, which is positive for the economy.
Watchlist: DXY reaction, UST yields, volatility in the commodities market
Related Topics
Related Analysis
Further Reading
- Global Economic Prospects — World Bank
- Foreign Exchange Market — Bank for International Settlements
