via BBC News
US retail sales rose at a faster-than-expected pace in September, offering signs of hope to the country’s economy.
Sales were up by 1.1% over the previous month, beating economists’ forecasts.
That is the biggest gain in seven months, according to seasonally adjusted data from the US Department of Commerce.
Excluding vehicle sales the data suggests a 0.6% gain. For the year as a whole total sales registered a 7.9% improvement.
Not all sectors reported better numbers. Grocery stores recorded a 0.3% monthly drop in sales. Sporting goods, hobby, book and music stores reported a similar fall.
Their numbers were offset by a 4% rise in sales reported by motor vehicle dealers.
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Article courtesy bbc.co.uk
