Retail Control m/m is a volume of retail sales of the control group of goods in the given month compared to the previous one. The calculation excludes food, cars, building materials and motor fuel.
The control group is used as a measure of the "core" consumer spending and applied in further PCE calculations. Since this is an auxiliary indicator, it indirectly characterizes the U.S. inflation.
The index has a weak impact on USD.
The chart of the entire available history of the "United States Retail Control m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.