US Retail Sales Growth Slows in September, PPI Increases 0.3%

Retail Sales Data - Retail sales in September increased by 0.2%, a decline from the 0.6% rise in August, and below the expected 0.4% increase [1] - Excluding automobiles, retail sales rose by 0.3%, aligning with forecasts, while the control group data is pending [1] - The control group for retail sales showed a decrease of 0.1% after a 0.6% increase in August [2] Inflation Indicators - The headline Producer Price Index (PPI) rose by 0.3%, following a decline of 0.1% in August, indicating inflationary pressures [2] - The core PPI increased by 0.1% month-over-month, with a year-over-year increase of 2.7%, which is a slight uptick from August [2] - The year-over-year core PPI fell to 2.6% from 2.8%, indicating a mixed inflation trend [2] Market Influences - Weaker-than-expected retail sales and slightly higher inflation suggest that rising gasoline, energy, and car prices may have influenced these trends [3]