Wed, 15 Feb 2012 07:21:12 GMT
US Retail sales added 0.4% in January
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.