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US retail sales beat expectations

FXStreet (London) - The U.S. Census Bureau announced today that advance estimates for retail trade sales were up 0.3 percent from September 2014, and 3.8 percent above last year. Non-store retailers were up 9.1percent from October 2013 and auto and other motor vehicle dealers were up 8.3 percent from last year.

The figures from the Census Bureau beat consensus expectations of a 0.2 percent month-on-month rise.

Advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $444.5 billion, an increase of 0.3 percent from the previous month, and 4.1 percent above October 2013. Total sales for the August through October 2014 period were up 4.5 percent from the same period a year ago. The August to September 2014 percent change was unrevised from -0.3 percent.

United States Export Price Index (YoY) fell from previous -0.4% to -0.8% in October

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