U.S. Retail Sales Post Sixth Straight Month of Growth in September, Defying Expectations

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<p>Retail sales rose by 0.7% month-on-month (m/m) in September, down slightly from the upwardly revised 0.8% (previously 0.6%) reading in August. This was notably above the median consensus forecast calling for a more muted gain of 0.3%. Trade in the auto sector strengthened on the month rising by 1.0% m/m, relative to a 0.4% m/m [&#8230;]</p>
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