-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI DATA IMPACT: US January Retail Sales +0.3%, As Expected>
--Retail Sales Ex. Motor Vehicle +0.3%; Ex-Motor Vehicle, Gas +0.4%
By Brooke Migdon
WASHINGTON (MNI) - The value of U.S. retail sales climbed 0.3% in
January, meeting market expectations and driven by a spike in vehicle
sales despite a weaker performance from gas stations, according to data
released Friday by the Commerce Department.
Excluding motor vehicles, retail sales grew 0.3% after a 0.6%
increase in December, bringing the y/y rate to 4.0%. Control group sales
excluding motor vehicle, gasoline station, and building material sales
increased 0.4%.
Here are key takeaways from the data:
- Nonstore retailers, referring to digital stores and mail-order
purchases, posted their highest increase since August, rising by 0.3% in
January following a 0.1% decline in December. Clothing and accessories
sales fell by 3.1%, the most since March 2009.
- Gasoline station sales slipped for the first time in five
months, falling by 0.5% following December's sharp 1.7% increase.
Meanwhile, motor vehicle sales recovered from a disappointing December
with a 0.2% increase in January. Sales excluding gasoline and motor
vehicles were up 0.4%.
- Electronics and appliance store sales declined 0.5% in January,
after rising 0.5% in December.
- Food services & drinking places sales increased steadily by
1.2%, matching December's gain and bringing the y/y rate to 7.4%.
- Health and personal care store sales fell 0.4% in January, the
lowest since August.
** MNI Washington Bureau: 202-371-2121 **
[TOPICS: MAUDS$,MT$$$$,M$U$$$,MAUDR$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.