US retail sales increased by 0.2% month-on-month in September, falling short of the anticipated 0.4% growth and down from the previous month's 0.6% rise. Core retail sales, which exclude certain volatile items, rose by 0.3% in September, meeting expectations, though the prior month's figure was revised down from 0.7% to 0.6%. Additionally, the retail sales control group, which is used to calculate GDP, declined by 0.1%, missing the forecasted 0.3% increase and also revised from 0.7% to 0.6% for the previous month.
US Retail Sales Growth Slows to 0.2% in September, Missing Expectations
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