Retail sales surprise in September

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Retail sales surprise in September
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September's retail sales report comes as major banks have discussed a resilient US consumer who is still spending but is likely slowing down to end the year.

September retail sales grew from the prior month, reflecting continued resilience in the American consumer despite calls for a slowdown.Wall Street's estimates for 0.3% growth. Sales excluding auto and gas increased 0.6%, above estimates for a 0.1% decline compiled by Bloomberg. Meanwhile, August's sales were revised up to 0.

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