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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US DATA
- Total retail sales increased 0.72% M/M (cons 0.4) in Mar after an upward revised 0.94% (initial 0.6) in Feb.
- The control group again saw a larger beat, rising 1.14% M/M (cons 0.4) after an upward revised 0.30% (initial 0.0).
- It’s the strongest single monthly increase for the nominal control group measure since Jan’23, a leap higher for retail sales having lagged the broader personal consumption data (which capture a much larger share of services) – see charts.
- In 3M/3M terms, the 3% ar for the control group is unchanged from Dec, but the latest three-month rate has jumped from 2.0% in Feb to 5.8% ar in Mar with very strong momentum heading into Q2.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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