1.2% Revised from 1.0%
Core Retail Sales m/m is a measure of US retail sales over a month compared to the previous month. The indicator is calculated based on statistics 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.
This is one of the leading macroeconomic indicators. Retail Sales allow measuring inflation and the economic activity in the country. A high reading is considered positive for the US dollar.