US Retail Sales Growth Slows while PPI Increases

US Retail Sales Growth Slows in September

US retail sales increased by 0.2% in September, following a stronger 0.6% rise in August. This modest growth indicates a slowing trend in consumer spending.

Wholesale Inflation Rises

The producer price index (PPI) rose by 0.3% in September, rebounding from a 0.1% decline in August. This increase signals a potential rise in wholesale prices, impacting future consumer costs.