Zincwarrior
Diamond Member
December retail sales were stagnant, and substantially below expectations. Shopping sales were below December inflation levels.
www.cnbc.com
Disappointing holiday season: December retail sales were flat, falling well short of estimate
Key Points
Retail sales were flat in December following a 0.6% increase in November. Economists surveyed by Dow Jones had expected an increase of 0.4%.
On an annual basis, sales rose 2.4%, failing to keep up with inflation, as the consumer price index for December posted a 2.7% increase.
Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently higher inflation, the Commerce Department reported Tuesday.
Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had expected an increase of 0.4%. Excluding autos, sales also were unchanged, against the estimate for a 0.3% increase.
On an annual basis, sales rose 2.4%, a considerable step down from the 3.3% pace in November. Sales ex-autos were up 3.3% annually in December.
The report puts a downbeat end to an otherwise solid year for shopping activity, with higher-end consumers spending briskly through much of 2025, though those on the lower end of the income spectrum were more cautious.
The shopping pace failed to keep up with inflation, as the consumer price index for December posted a 2.7% increase.
For December, multiple categories posted losses while only a few showed notable gains.
Disappointing holiday season: December retail sales were flat, falling well short of estimate
Consumer activity slowed sharply for the December holiday shopping season.
www.cnbc.com
Key Points
Retail sales were flat in December following a 0.6% increase in November. Economists surveyed by Dow Jones had expected an increase of 0.4%.
On an annual basis, sales rose 2.4%, failing to keep up with inflation, as the consumer price index for December posted a 2.7% increase.
Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently higher inflation, the Commerce Department reported Tuesday.
Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had expected an increase of 0.4%. Excluding autos, sales also were unchanged, against the estimate for a 0.3% increase.
On an annual basis, sales rose 2.4%, a considerable step down from the 3.3% pace in November. Sales ex-autos were up 3.3% annually in December.
The report puts a downbeat end to an otherwise solid year for shopping activity, with higher-end consumers spending briskly through much of 2025, though those on the lower end of the income spectrum were more cautious.
The shopping pace failed to keep up with inflation, as the consumer price index for December posted a 2.7% increase.
For December, multiple categories posted losses while only a few showed notable gains.
