PPI rauf und Retail runter, früher nannte man das Stagflation...

verfasst von CRASH_GURU, 13.05.2004, 15:44

-->Retail sales slipped 0.5 percent in April to an adjusted $331.8 billion, ending six months of gains and perhaps slightly clouding the outlook for consumer spending.

Weakness was centered in motor vehicles & parts, sales of which fell 1.8 percent in the month. Excluding vehicles, April retail sales slipped only 0.1 percent.

But other categories were also weak. Sales of building materials & garden equipment, after spiking 11 percent in March, fell 0.7 percent while sales at clothing stores fell 2.0 percent. Sales at department stores fell 1.7 percent and sales at general merchandise stores slipped 0.8 percent.

Sales at gasoline stations were positive but only slightly, rising 0.2 percent on the month. Excluding gasoline, retail sales still fell 0.5 percent.

Though retail sales in April proved soft, retail sales in March did not, rising an upward revised 2.0 percent. An earlier Easter this year pushed some of April's sales into March, a factor that may limit the impact of Thursday's report.

Also limiting the impact are still strong year-on-year gains of 8 percent in April and 8.5 percent in March. The two months together point to a healthy consumer.

In any case, April's retail sales data will not likely prove soft enough to offset the pop higher in the producer price index and with it heightened pressure for Federal Reserve tightening.

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gesamter Thread:

• PPI rauf und Retail runter, früher nannte man das Stagflation... - CRASH_GURU, 13.05.2004, 15:44
  • Re: Putzkolonne unterwegs? ;-) - Cosa, 13.05.2004, 16:30
    • versteh ich jetzt nicht - Toby0909, 13.05.2004, 17:28
      • Re: was nicht oasst wird passend gemacht - VSA monopol (o.Text) - LOMITAS, 13.05.2004, 17:38
      • Re: versteh ich jetzt nicht - Cosa, 13.05.2004, 18:06
    • Ob sich wohl mit den Steigerungen beim Benzin prima die deflationären - Sorrento, 13.05.2004, 17:51
      • Re: Ob sich wohl mit den Steigerungen beim Benzin prima die deflationären - Cosa, 13.05.2004, 18:15
    • Re: Putzkolonne unterwegs? ;-) - CRASH_GURU, 13.05.2004, 19:15