Retail sales for December come in at -1.1% m/m (NOTE: Wires originally had reported +0.8% m/m, which has since been corrected to -1.1%)

  • For the m/m prior was +2.0% (revised from +1.9%)

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For the y/y, comes in at +2.6%, this is y/y gains for six months in a row

  • vs. expected +3.9%, prior was +4.1% (revised from +4.0%)