Exact(31)
The expected retail price is $129.95.
Economists had expected retail sales to rise 1.2percentt.
Economists polled by Reuters had expected retail sales to increase 0.3 percent.
Economists had expected retail sales to dip 0.2percentt in July.
Wall Street analysts had expected retail sales to rise 0.4percentt.
Overall the FTSE 100 has added 17.06 points to 6766.78, with better than expected retail sales helping high street chains.
Similar(27)
"Today's rally is entirely attributable to the better than expected retail-sales report," says Harry Laubscher, market analyst at Tucker Anthony.
Better-than-expected retail sales in July fed the hope that the main engine of economic growth in the United States -- consumer spending -- is still holding up.
Apparel makers shares were a mixed bag on Tuesday as the better-than-expected retail sales data pushed some retailers higher.
"Record exports, better-than-expected retail sales and the increase in business capital spending are part of the good news".
Wall Street is down sharply in early trading after the government reported weaker-than-expected retail sales in April.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com