Retail Sales in the US rose 0.7% to $724.6 billion in November, the US Census Bureau reported on Tuesday. This reading followed the 0.4% increase recorded in October and came in better than the market expectation for an increase of 0.5%.
Retail Sales ex Autos increased 0.2% in the same period, falling short of the market expectation of 0.4%.
"Total sales for the September 2024 through November 2024 period were up 2.9%, from the same period a year ago," the press release read. "The September 2024 to October 2024 percent change was revised from up 0.4 percent to up 0.5 percent."
This report failed to trigger a noticeable market reaction. At the time of press, the US Dollar Index was up 0.05% on the day at 106.90.