'Core' Retail Sales Growth Slowest In 6 Months

Following China's gravely disappointing retail sales growth (as shadow banking credit contracts), US retail sales growth spiked 0.8% MoM (after a revised 0.1% drop in September).

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However, core retail sales rose only 0.3% MoM (below expectations).

Everything rose except furniture and home furnishings -0.3%, and food service and retail places -0.2%

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Finally, the YoY growth in Control Group Retail Sales was 4.5% - the weakest since April...

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