The US Census Bureau announced today that estimates of US retail and
food services sales for December, adjusted for seasonal variation and holiday
and trading-day differences, but not for price changes, were $431.9bn, an
increase of 0.2% from the previous month, and 4.1% above December 2012. Total
sales for the 12 months of 2013 were up 4.2% from 2012 - - annual consumer
inflation was 1.2% in November 2013.
Retail sales rose 5.4% in 2012 and 7.5% in 2011.
Total sales for the October through December 2013 period were up 1.0%
from the same period a year ago. The October to November 2013% change was
revised from +0.7% to +0.4%.
Retail trade sales were up 0.2% from November 2013, and 4.0% above last
year. Nonstore retailers were up 9.9% from December of 2012 and auto and other
motor vehicle dealers were up 6.2% from last year.
In December, sales fell 2.5% at electronics and appliance stores, 0.7% at department
stores and 0.6% at sporting goods stores while spending at grocery stores led the month's advance, with sales up 2.0%, the
biggest rise since October 2006.
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