Downside Risks for US Retail Sales

  By: Andria Pichidi Data starts to pick up with CPI today, along with Retail Sales and Industrial Production on Friday. The April Retail Sales are anticipated to plunge by -13.5%, with a -9.0% ex-auto drop, after respective March declines of -8.4% and -4.4%. Mandatory shutdowns depressed retail sales components sharply, and unlike last month […]Read More