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🇺🇸U.S. Retail Sales Beat at 1.7%

  • Both headline and core came higher than previous and the market consensus expectation

  • The print itself was not exactly surprising as the surprise came at 0.2%, average surprise for the last 17-months is 1%. I know data has been volatile

  • October retail trade was the highest in 6-months and beat consensus expectations for the third straight time



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