US Retail sales added 0.4% in January

Source: Marketwatch
US retail sales advanced 0.4% in January, said the government on Tuesday. Retail sales excluding auto industry climbed 0.7%. Economists predicted retail sales to expand by 1%. Although auto sales accelerated sharply in January, the vehicles were sold at huge discounts and revenue fell from USD 72.5 billion in December to USD 71.1 billion in January. 

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