Friday, January 12, 2007

Forex News: 12.01.2007 Dec. U.S. retail sales rose 0.9%

U.S. retail sales increased 0.9% in December, the best gain in five months.

Auto sales rose 0.3% in December. Excluding car sales, seasonally adjusted retail sales rose 1.0% in December.

Gasoline sales rose 3.8% in December. This was the largest increase since April.

Economists were expecting a 0.7% gain for overall sales and 0.5% excluding autos. For all of 2006, sales increased 6.0%, down from a 6.9% gain in 2005. The figures are not adjusted for inflation.


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