Core Retail Sales m/m reflects retail sales in the US in the reported month compared to the previous month. The indicator is calculated based on statistics received from 5,000 retail stores of different types and sizes, and the data are then extrapolated to the whole country. Auto sales are excluded from the indicator due to their high volatility.
The indicator is used for estimating inflation. Its growth may have a positive effect on dollar quotes.
The chart of the entire available history of the "United States Core Retail Sales 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.