RETAIL SALES ROSE BY 0.7% IN SEPTEMBER

[infogram id=”1ab7f145-75df-4434-944f-3ff1bd956c1a” prefix=”nhH” format=”interactive” title=”RETAIL SALES 10152021″]

Key Points:

  • 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.
Source