US Core Retail Sales Index m/m and Its Impact on the Forex Market

US Core Retail Sales Index report

Release Date Core Retail Sales Change (in percentage) Forecast (in percentage) Previous (in percentage) Market Reaction
18/6/2024 0.2 0.2
15/5/2024 0.2 0.2 0.9 Negative

US core retail sales index

US Core Retail Sales Index, which is an indicator used to measure the volume of sales in the retail sector in the United States without accounting for vehicles and fuel. The index includes many industries such as general retail, clothing, restaurants and beverages, and is considered an important indicator for measuring the health of the United States economy.

The core retail sales index is calculated by collecting sales data from the country’s major retailers, and this data is analyzed to estimate trends in economic growth and consumer spending in the United States. The core retail sales index is one of the main economic indicators that investors and analysts in financial markets around the world follow, because it is an accurate indicator of the health of the US retail sector and economic growth in the US in general.

The core retail sales index is used as a leading indicator of inflation in the United States, as it reflects changes in consumer spending and affects the movements of financial markets, especially the forex market, as changes in the core retail sales index can lead to changes in the strength of the US dollar and other currency exchange rates.

The Core Retail Sales Index is an accurate indicator of the health of the US retail sector and economic growth in the US in general, and is closely watched by investors and analysts in financial markets around the world. If the actual release of the core retail sales indicator is higher than expected, this indicates faster growth in the retail sector and reflects growth in consumer spending, which is a positive indicator that could lead to an improvement in the state of the US economy.

If the actual release of the core retail sales indicator is lower than expected, this could lead to a decline in the financial markets and a decline in the strength of the US dollar and other currency exchange rates.

How does the US core retail sales index affect the trading of the US dollar in the forex market?

The US Core Retail Sales Index is one of the main economic indicators that traders follow in the forex market, as it affects the movements of the US dollar and other currency exchange rates. This is because the core retail sales index reflects economic activity and consumer spending in the US, which directly affects the US economy and the value of the US dollar.

When the core retail sales index rises, it reflects an increase in consumer spending and strong economic activity, and this enhances the demand for the US dollar by investors and traders in the forex market, which leads to an increase in its value against other currencies. Conversely, when the core retail sales indicator declines, it reflects a decline in consumer spending and weak economic activity, and this puts pressure on the US dollar and leads to a decline in its value against other currencies.

Traders in the forex market especially follow the monthly releases of the main retail sales index in the United States, as they use this data to make trading decisions and make their strategies, because changes in this indicator can lead to sharp changes in the price of the US dollar and the exchange rates of other currencies in the forex market.

Market analyzes indicate that the basic retail sales index is one of the main factors affecting the movements of the US dollar in the forex market, and it can be said that it represents an important indicator of the strength of the US economy and directly affects the value of the US dollar in the forex market.

The agency responsible for issuing the core retail sales index in the United States

The core retail sales index in the US is released by the US Bureau of Economic Analysis (U.S. Bureau of Economic Analysis). This indicator is published monthly, and is based on sales data in the country’s retail sector, excluding vehicles and fuel. This data is collected from more than 12,000 retail stores including supermarkets, convenience stores and online stores.

This data is analyzed and a basic retail sales report is issued that includes actual sales values, monthly changes, and annual changes. This data is made available to the public, investors, and analysts in the financial markets, and is widely used to analyze the US economy, economic growth expectations, and its impact on financial market movements and currency exchange rates in the forex market.

The release date of the core retail sales index in the United States

Released monthly, about 16 days after the end of the month.

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