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U.S. Retail Sales Lagged Inflation Again in September By

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IntroductionBy Geoffrey Smith -- U.S. were flat in nominal terms in September, below expectations and again hig ...

By Geoffrey Smith 

-- U.S. were flat in nominal terms in September,Download Hehe Futures app below expectations and again highlighting the pressure on consumer spending power from high inflation.

U.S. Retail Sales  Lagged Inflation Again in September By

However, , which strip out some of the more volatile elements of the consumer shopping basket, edged up 0.1%, slightly better than forecast, in an overall mixed report.

The numbers come a day after data showing that prices rose 0.4% in the same month. That suggests that sales volumes - as opposed to values - fell again in September.

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