U.S. ECO PREVIEW: Retail Sales, Import Prices Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Retail sales seen rising 0.3% m/m in May after increasing 1.3% in April (forecast range +0.1% to +0.7).
Alert: HALISTER1- April’s advance was largest since March 2015; 11 of 13 major categories scored gains
- Bloomberg Intelligence: “Total sales for 2Q need to rise roughly 3.5-4.0% for growth to be on track to hit the Fed’s target for 2016. This appears to be within reach”
- Separately, import price index seen rising 0.7% m/m in May after increasing 0.3% in April (forecast range +0.2% to +1.4%)
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283