Ex Inflation QoQ 0.2% versus 0.4% expected
- retail sales for September +0.2 is less than the 0.3% estimate. Prior month came in at +0.3%
- Ex inflation, the retail sales for the 3rd quarter showed a 0.2% gain versus 0.4% expected. The prior quarter was revised lower to 1.0% from 1.2% previously reported
3Q vs 2Q data
- Food 0.0% versus 1.5% in 2Q
- household goods -0.7% versus 1.8% in 2Q
- apparel -0.6% versus +1.8%n 2Q
- department stores -0.8% versus +2.2% in 2Q
- of the retailing 2.2% versus +0.2% in 2Q
- cafés, restaurants 1.2% versus 0.1% in 2Q
MoM changes
- food 0.4% versus -0.1% in August
- household goods 0.0% versus +0.2% in August
- apparel -1.2% versus 0.6% in August
- Department stores 0.0% versus 0.8% in August
- other retailing 0.0% versus 0.4%
- cafés, restaurants 0.5% versus 0.7%
Overall, weaker data for retail sales.
