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2/13/2013 8:45:00 AM Write a Letter to the Editor Write a letter to the Editor

Retail Sales Rise 0.1% in January


Bruce Andrew Peters

Retail sales rose 0.1% in January, the Commerce Department reported Wednesday.

The increase followed a 0.5% gain in December and matched economists’ median forecast, Bloomberg News reported.

Six of 13 major categories showed increases, led by a 1.1% rise at general merchandise stores.

Demand at auto dealers fell 0.1% from the prior month, Bloomberg said.

Sales excluding automobiles rose 0.2%, after rising 0.3% in December, Bloomberg said.

Household purchases rose at a 2.2% annual rate from October through December, up from a 1.6% rate in the prior three months, Bloomberg reported.

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