| Indicator | Value |
|---|---|
| Forecast | 0.6% |
| Previous | 1.7% |
The retail sales m/m report measures changes in the sales of goods and services by retailers. It is a key indicator of the economy's health, as consumer spending constitutes a large part of GDP. An increase in sales may suggest stronger demand and economic health, while a decrease may indicate weakness.
Watchlist: DXY reaction, UST yields, commodity market volatility
Related Topics
Related Analysis
Further Reading
- Federal Open Market Committee — Federal Reserve
- Global Economic Prospects — World Bank
- ECB Monetary Policy — European Central Bank
