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U.S. Retail Sales Tops Forecast, Import Prices Jump on Higher Oil Prices Read more:

Posted 12-11-2009 at 01:14 PM by DailyFX

Retail spending in the U.S. increased 1.2% in November to top expectations for a 0.6% rise, while the previous month’s reading was scaled back to reflect an expansion of 1.1% from an initial forecasts for a 1.4% rise. Moreover, sales less autos increased 1.2% after holding flat in October, while retail demands excluding autos and gas expanded 0.6% amid projections for a 0.2% rise.

Read more: DailyFX - U.S. Retail Sales Tops Forecast, Import Prices Jump on Higher Oil Prices http://www.dailyfx.com/forex/market_...#ixzz0ZPBdAmI8
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