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Indonesia News Portal for Traders | Financial & Business Updates

16 January 2025 20:41  |

Retail sales grow by 0.4% month-on-month in December, slower than expected

US retail sales increased at a slower than anticipated month-on-month rate in December, in the latest data point that could paint a picture of the state of the American economy heading into the new year.

Retail sales grew by 0.4% last month, down from an upwardly revised pace of 0.8% in November. Economists had called for a reading of 0.6%.

Source: Investing.com

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