US retail sales for February 2019
- Prior was +0.2% (revised to +0.7%)
- Ex autos -0.4% vs +0.3% exp (
- Prior ex autos +0.9% (revised to +1.4%)
- Ex autos and gas -0.6% vs +0.3% exp
- Prior ex autos and gas +1.2% (revised to +1.7%)
- Control group -0.2% vs +0.3% exp
- Prior control group +1.1% (revised to +1.7%)
Rough start to the quarter but if you net out the revisions then the bigger picture isn't so bad. USD/JPY initially kicked lower on the headline but has taken most of that back after the market accounted for the revisions.
