U.S. Retail Sales Unexpectedly Dip 0.3% In May
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(RTTNews) - Reflecting a sharp pullback in auto sales, the Commerce Department released a report on Wednesday showing an unexpected decrease in U.S. retail sales in the month of May.
The report showed retail sales fell by 0.3 percent in May after climbing by a downwardly revised 0.7 percent in April. Economists had expected retail sales to edge up by 0.2 percent compared to the 0.9 percent increase originally reported for the previous month.
Excluding the steep drop in sales by motor vehicles and parts dealers, retail sales rose by 0.5 percent in May following a 0.4 percent increase in April. Ex-auto sales were expected to advance by 0.8 percent.
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U.S. Import Prices Decrease 0.4% In September, In Line With Estimates
Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September. The Labor Department said import prices fell by 0.4 percent in September after slipping by a revised 0.2 percent in August. The decline matched economist estimates.
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U.S. Import Prices Decrease In Line With Estimates In September
Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September.
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U.S. Dollar Little Changed As Traders Digest Inflation, Consumer Sentiment Data
After trending higher over the past couple weeks, the value of the U.S. dollar has fluctuated over the course of trading on Friday.
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U.S. Consumer Sentiment Index Unexpectedly Decreases In October
A report released by the University of Michigan on Friday showed an unexpected deterioration by U.S. consumer sentiment in the month of October. The University of Michigan said its consumer sentiment index fell to 68.9 in October after climbing to 70.1 in September. Economists had expected the index to inch up to 70.8.
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U.S. Producer Prices Unexpectedly Flat In September, Annual Growth Slows Modestly
With a decrease in prices for goods offsetting an increase in prices for services, the Labor Department released a report on Friday showing producer prices in the U.S. were unexpectedly unchanged in September. The Labor Department said its producer price index for final demand came in flat in September after rising by 0.2 percent in August.
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U.S. Producer Prices Unexpectedly Unchanged In September
With a decrease in prices for goods offsetting an increase in prices for services, the Labor Department released a report on Friday showing producer prices in the U.S. were unexpectedly unchanged in September.
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