US retail sales rose 0.5% mom in Mar, ex-auto sales up 1.1% mom

<p>US retail sales rose 0.5% mom to USD 665.7B in March, slightly below expectation of 0.5% mom. Ex-auto sales rose 1.1% mom, above expectation of 0.7% mom. Ex-gasoline sales dropped -0.3% mom. Ex-auto, ex-gasoline sales rose 0.2% mom. Total sales for January through March period were up 12.9% yoy. Full release here.</p>
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