| Indicator | Value |
|---|---|
| Forecast | 0.3% |
| Previous | 0.9% |
The retail sales m/m report measures changes in the sales of goods and services in the retail sector. It is an important indicator of the economy's health, as consumer spending constitutes a large part of GDP. An increase in retail sales may suggest growing consumer purchasing power.
Watchlist: DXY reaction, UST yields, volatility in the commodities market
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Further Reading
- Global Economic Prospects — World Bank
- Understanding Inflation — Investopedia