US April 2021 retail sales data
- Prior was +9.7% (revised to +10.7%)
- Retail sales ex auto -0.8% vs +0.7% expected
- Retail sales ex auto and gas -0.8% vs +0.3% expected
- Retail sales control group -1.5% vs -0.4% expected
- Sales +51.2% from the same period a year ago vs +14.3% prior
- Motor vehicle sales and parts +2.9% vs +15.1% m/m prior
- Full report
Prior numbers and revisions
- March retail sales ex auto and gas +8.2% (revised to +8.9%)
- March retail sales control group +6.9% (revised to 7.6%)
Don't ignore the revisions here. When you factor them in, the numbers are very close to expectations. There was a kneejerk lower in the US dollar but much of that reversed when market participants saw the revisions.
