Today’s Given Signal : https://t.me/calendarsignal/9633
Introduction
In this blog, we will analyse the impact of US Core Retail Sales, PPI, and Retail Sales Data. We will examine the trends and implications of these key economic indicators.
US Core Retail Sales
US Core Retail Sales data excludes volatile items such as autos and gasoline. It provides a clearer picture of consumer spending trends and is a key indicator of economic health.
Retail Sales Data
US Retail Sales data measures the total receipts at stores that sell durable and non-durable goods. It is a key indicator of consumer spending patterns and overall economic activity.
PPI (Producer Price Index)
The PPI measures the average change over time in the selling prices received by domestic producers for their output. It is a leading indicator of consumer price inflation.
Analysing the Impact
By examining the interplay of US Core Retail Sales, PPI, and Retail Sales Data, we can gain insights into consumer behaviour, inflationary pressures, and the overall health of the economy.
Previous released data results :
Check the previous blog : https://blog.forextrade1.co/us-core-retail-sales-data-will-affect-xauusd-today-17-10-2023/
https://blog.forextrade1.com/gold-price-correct-once-again-with-us-ppi-data-today-11-10-2023/
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