The CNBC retail monitor sees consumer spending cooling, but still higher:
Retail sales ex auto and gas MoM: +0.5% versus +0.7% last month. Retail Sales YoY ex auto and gas: +2.1% versus +0.9% last monthCore Retail Sales MoM: 0.2% versus +1.0% last monthCore Retail Sales YoY: on .9% versus 1.7% last month
Looking at the different components 7 were higher vs 10 last month:
Gains were led by:
Clothing and accessories: +2.1%Food services and drinking places: +1.7%.Nonstore retailers: +1.5%
Losers were led by:
Electronics and appliances: -0.9%Building and Garden Supplies: -1.3%Sporting-goods, hobby, music and bookstores: -2.9%
This article was written by Greg Michalowski at www.forexlive.com.
