Categories: व्यापार

US retail sales excluding autos likely increased again in September, Chicago Fed says

WASHINGTON (Reuters) -U.S. retail sales excluding motor vehicles and parts likely posted further gains in September, data from the Chicago Federal Reserve showed on Wednesday, though part of the rise probably reflected higher prices. The Chicago Fed Advance Retail Trade Summary estimated that retail sales excluding autos and parts increased by a seasonally adjusted 0.5% last month after advancing 0.7% in August.  CARTS is meant to offer an early read for the official monthly retail sales data, excluding automobiles, produced by the Commerce Department's Census Bureau. The retail sales report, scheduled for release on Thursday, has been delayed by the government shutdown, now in its third week. When adjusted for inflation, retail sales excluding autos are projected to have risen only 0.2% last month after increasing 0.3% in August. (Reporting By Lucia Mutikani; Editing by Chizu Nomiyama )

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

Yamal among highest-paid players in 2025 in Forbes list topped by Ronaldo

VIDEO SHOWS: FILE OF PLAYERS ON FORBES' TEN HIGHEST PAID SOCCER PLAYERS OF THE YEAR…

1 minute ago

S&P Global strikes $1.8 billion deal for private markets firm With Intelligence (Oct 15)

(Crrects paragraph 5 in October 15 story to say BlackRock-Preqin deal was valued at $3.2…

5 minutes ago

S&P Global strikes $1.8 billion deal for private markets firm With Intelligence (Oct 15)

(Crrects paragraph 5 in October 15 story to say BlackRock-Preqin deal was valued at $3.2…

6 minutes ago

Yamal among highest-paid players in 2025 in Forbes list topped by Ronaldo

VIDEO SHOWS: FILE OF PLAYERS ON FORBES' TEN HIGHEST PAID SOCCER PLAYERS OF THE YEAR…

12 minutes ago

IKEA sales fall for second year as retailer makes aggressive price-cutting push

By Greta Rosen Fondahn and Helen Reid STOCKHOLM/LONDON (Reuters) -IKEA's annual sales fell for a…

16 minutes ago

Factbox-Opinions split over AI bubble after billions invested

(Reuters) -Companies announcing multi-billion dollar investments in artificial intelligence have raised concerns about the formation…

17 minutes ago