One of many factors that impact and help to read the economy

What is the Core Retail Sales Announcement?

Retail Sales Ex Autos USD

 

The core retail sales announcement measures the difference in the total sales value with in the retail industry (excluding cars). It released on a monthly basis (usually two weeks after the beginning of the month) in the USA and affects mostly the USD currency (major pairs).

Even though the car industry holds almost 20% of the US retail sales, their volatility prevents them from appearing in the Core Retail Sales announcement. Once announced the USD currency will get benefits if the result passes the forecast, otherwise the outcome will be negative for the currency.

 

 

 

 

 

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