US Retail & PPI figures weaker than expected

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    USDJPY, 60min US retail sales fell 0.3% in March with the ex-auto component up 0.2%. But the 0.1% dip in the February headline and ex-auto sales were each revised up to unchanged, which offsets some of the headline disappointment. Sales excluding autos, gas, and building materials was unchanged from a 0.4% gain previously (revised from 0.1%). Pacing the headline weakness was a 2.1% drop in car sales, with clothing off 0.9%, while eating and drinking establishments fell 0.8%.

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