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The increase in retail sales in the US in September exceeded expectations, mainly driven by increased consumption at gas stations. According to data released by the US Department of Commerce on Thursday, retail sales unadjusted for price changes increased 0.8% in September, following a 1.3% increase after the August correction. Excluding automobiles and gasoline, retail sales increased 0.2% last month.
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The increase in retail sales in the US in September exceeded expectations, mainly driven by increased consumption at gas stations. According to data released by the US Department of Commerce on Thursday, retail sales unadjusted for price changes increased 0.8% in September, following a 1.3% increase after the August correction. Excluding automobiles and gasoline, retail sales increased 0.2% last month.
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