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Nov 15, 2023
US Retail Sales drop 0.1% in October vs. -0.3% expected
Retail Sales in the United States, a measure of the country’s consumer spending, dropped 0.1% on a monthly basis in October, compared to the September increase of 0.7%, the official data published by US Census Bureau showed on Wednesday.
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Nov 15, 2023
US annual PPI inflation softens to 1.3% in October vs. 1.9% expected
The Producer Price Index (PPI) for final demand in the US rose 1.3% on a yearly basis in October, down from the 2.2% increase recorded in September, the data published by the US Bureau of Labor Statistics revealed on Wednesday.
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