- Prior -1.9%; revised to -1.7%
That’s a decent beat on retail sales but it follows from the rather poor readings in both January and February to begin with. Food sales were the key driver, rising by 3.6% on the month in real terms. Meanwhile, non-food retail sales were seen down 0.2% on the month
This article was written by Justin Low at www.forexlive.com.
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