US "terror data" far exceeds expectations! August retail sales rose 1.2% month-on-month, the largest increase in 5 months.

Zhito Finance APP has learned that U.S. retail sales posted their largest month-over-month increase in five months, with broad-based gains, indicating that despite rising gasoline prices and consecutive declines in real wages, consumers continue to spend, supported by the stock market and employment. Data released on Wednesday showed that retail sales rose 1.2% month-over-month in August, far exceeding the median economist forecast of 0.8% month-over-month growth, while the July figure was revised to a 0.5% month-over-month decline.