- Retail sales, a measure of purchases at stores, restaurants and online, rose by 0.7% in September over the month.
- Consensus among economists was a 0.2% decline.
- Excluding autos, retail sales rose by 0.8% over the month.
- Higher spending in part reflects rising costs because consumer prices advanced 0.4% in September from August and 5.4% from a year earlier.
- The Right Facts will continue to monitor retail sales.