United States Retail Control m/m

Country: United States, USD
Importance: Medium
Sector: Consumer
Last release
Actual
1.4%
Forecast
0.9%
Previous
-0.4%
Next release
Actual
Coming in 24 days
Forecast
0.5%
Previous
1.4%
Date (GMT)
Reference
Actual
Forecast
Dec 2014
-0.4%

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.

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