Retail sales fell only 0.2% in November when stripping out gasoline, sales of which slumped 14.7%.
PPI tumbled as commodity prices imploded in November. The index fell 2.2% month over month after a 2.8% decline in October.
The dollar is little changed in the wake of the data. Dealers will spend the rest of the day eying equities to guage the impact of the failure of the US Senate to agree to vote on the auro-bailout, effectively killing the bill. Watch the tape for any last minute deals or bankruptcy filings.
