Friday, January 28

US retail sales increased 1.7% in October, their biggest increase since March

Retail sales of USA reached a total of $ 638.2 billion last October, which represents an increase of 1.7% compared to the previous month, when they had increased by 0.8 percent, according to data from the Department of Commerce.

Thus, the volume of retail trade in USA In October it registered its largest monthly increase since last March.

Compared to the same period last year, US retail sales grew 16.3%

Excluding car, component and gasoline sales, retail sales in October increased 1.4% and 14.9% compared to the same month last year.

On the other hand, sales of electronic devices and household appliances grew 3.8% in October compared to September and 18.4% annually.