Retail Sales MoM measures the monthly change in the total value of sales at the retail level, serving as the primary gauge of consumer spending. Since consumer spending accounts for a significant portion of overall economic activity, this indicator is a critical driver of GDP growth. It provides early insights into household consumption patterns and the underlying strength of the domestic economy.
The data is compiled from a survey of retail firms of various sizes and types. The figure is seasonally adjusted to account for holiday periods and trading day differences, though it is not adjusted for inflation.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 6, 2023 | 0.10 | 0.50 | -0.40 |
| Feb 6, 2023 | -1.00 | 0.50 | -1.50 |
| Jan 6, 2023 | -1.00 | -0.30 | -0.70 |
| Dec 5, 2022 | -2.70 | 0.50 | -3.20 |
| Nov 8, 2022 | 0.20 | -0.30 | +0.50 |
| Oct 6, 2022 | 0.20 | 0.70 | -0.50 |
| Sep 5, 2022 | -0.90 | -1.50 | +0.60 |
| Aug 3, 2022 | -1.20 | -0.30 | -0.90 |
| May 4, 2022 | -1.90 | — | — |
| Apr 7, 2022 | -0.60 | -0.40 | -0.20 |
| Mar 4, 2022 | -0.90 | 0.30 | -1.20 |
| Feb 4, 2022 | -0.20 | 0.40 | -0.60 |
| Jan 7, 2022 | 1.10 | 0.40 | +0.70 |
| Dec 3, 2021 | 0.60 | 0.40 | +0.20 |
| Nov 5, 2021 | 0.90 | 1.00 | -0.10 |
| Oct 6, 2021 | -1.20 | 0.90 | -2.10 |
| Sep 3, 2021 | -0.70 | 0.40 | -1.10 |
