U.S. Retail Sales Rise in August, Beating Expectations 

<p>Retail sales rose by 0.6% month-on-month (m/m) in August, up from the downwardly revised 0.5% (previously 0.7%) reading in July. This was notably above the median consensus forecast calling for a more muted gain of 0.1%. Trade in the auto sector strengthened on the month rising by 0.3% m/m, relative to a -0.4% m/m decline [&#8230;]</p>
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