US retails sales rose 0.4% mom to USD 718.9B in October, above expectation of 0.3% mom. However, ex-auto sales rose 0.1% mom to US 528.5B, below expectation of 0.2% mom. Ex-gasoline sales rose 0.4% mom to USD 667.1B. Ex-auto & gasoline sales rose 0.1% mom to 621.6B.
Total sales for the August through October period were up 2.3% yoy from the same period a year ago.
