Largely reflecting a jump in auto sales, the Commerce Department released a report on Wednesday showing a modest uptick in U.S. retail sales in the month of September.
The report said retail sales edged up by 0.1 percent in September, while economists had expected sales to rise by 0.2 percent.
Retail sales in August were also downwardly revised to unchanged compared to the previously reported 0.2 percent increase.
Excluding the jump in auto sales, retail sales fell by 0.3 percent in September compared to a 0.1 percent drop in the previous month. Ex-auto sales had been expected to dip by 0.1 percent.
The material has been provided by InstaForex Company – www.instaforex.com