US retail trade sales rise 7.8 YoY in Sept 2022

18 Oct 22 1 min read

Retail trade sales in the US for September 2022 were down 0.1 per cent (±0.4 per cent) month-on-month (MoM), but up 7.8 per cent (±0.7 per cent) year-on-year (YoY). Total sales for the July-September 2022 period were up 9.2 per cent (±0.5 per cent) from the same period a year ago, according to the US Census Bureau’s advance estimates of US retail and food services sales for September 2022.

The advance estimates, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $684.0 billion, virtually unchanged (±0.5 per cent) from the previous month, but 8.2 per cent (±0.7 per cent) above September 2021.

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The July 2022 to August 2022 per cent change was revised up from 0.3 per cent (±0.5 per cent) to 0.4 per cent (±0.2 per cent), the US Census Bureau said.

Gasoline stations were up 20.6 per cent (±1.6 per cent) from September 2021, while non-store retailers were up 11.6 per cent (±1.1 per cent) from last year.

Fibre2Fashion News Desk (NB)

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