U.S. business inventories grow 0.4% in November

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Source: RTT News
U.S. business inventories increased in November rising by more than economists originally projected, a report revealed by the Commerce Department showed on Wednesday. According to the report, business inventories in the world's largest economy advanced 0.4% in November after recording a gain by 0.8% in the previous month.

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Wed, 15 Jan 2014 08:46:09 GMT

U.S. retail sales continue to increase in December

U.S. retail sales unexpectedly advanced more than initially estimated on the last month of 2013, however the pace of increase in November was revised downwardly, the Commerce Department showed in a report on Tuesday. The U.S. retail sales grew 0.2% in December, while it was originally seen to be rising 0.1%, down from a 0.4% advanced in November.

Wed, 15 Jan 2014 08:20:04 GMT

Yen and Aussie fall against U.S. Dollar on retail sales

The Japanese Yen and Australia's currency slipped earlier on Wednesday session after a government report showed that retail sales in the U.S. unexpectedly increase last month pushing the U.S. Dollar from the lowest level in a month. The Yen traded at 104.31 after rising towards the most in a month at 102.85, while the Aussie fell as much as 1%

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