​US Retail Sales Better-Than-Expected Thanks To Non-Store Retailers – Tyler Durden

US Retail Sales Better-Than-Expected Thanks To Non-Store Retailers After August’s upside surprise (+1.0% MoM, thanks to some shenanigans in the used car sales segment of the economy), US Retail Sales was expected to decline MoM (-0.2% MoM) in August (with BofA suggesting a 0.3% MoM decline). But…. just like in July, the headline retail sales print for August beat expectations, rising 0.1% MoM (with July revised up to +1.1% MoM) thanks to non-store retailers… This slowed the YoY retail sales print to +2.1%… Source: Bloomberg However, core retail sales (ex-Autos) rose just 0.1% MoM (less than the +0.2% expected), but…  — Continue at ZeroHedge News : Read More