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Retail Sales Ahead, 0830ET

  • Consensus sees nominal sales up 0.2% M/M in Aug as analysts fade the advance 0.4%. That followed a heavy -2.5% M/M that had largely been volume-led, weighing on monthly GDP.
  • Focus will be on the extent to which volumes bounced back in Aug plus the Sep advance for a more timely, albeit only nominal indicator.

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