US Retail Sales rise by 0.2% in February vs. 0.7% expected
Source Fxstreet
- Retail Sales in the US rose at a softer pace than expected in February.
- The US Dollar Index stays in negative territory near 103.50.
Retail Sales in the United States (US) rose by 0.2% in February to $722.7 billion, the US Census Bureau announced on Monday. This reading followed the 1.2% decrease reported in January and came in worse than the market expectation for an increase 0.7%. On a yearly basis, Retail Sales were up 3.1%.
"Total sales for the December 2024 through February 2025 period were up 3.8% from the same period a year ago," the press release read. "Retail trade sales were up 0.5% from January 2025, and up 3.4% from last year."
Market reaction
This report failed to trigger a noticeable market reaction. At the time of press, the US Dollar Index was down 0.15% on the day at 103.58.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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