Industrial Production Remains Unchanged, Retail Sales Rise and PPI is Unchanged
- U.S. industrial production was unmoved from a month prior with the unusual warmth of this October acting as a headwind. The Wall Street Journal
- Retail sales for the month of October rose by 0.8% and were 4.3% higher than a year prior; September’s sales were additionally revised upward to a 1.0% increase and combined with October makes the largest two-month increase since the beginning of 2014. BBC
- The U.S. producer price index was unchanged from a month prior while the core aspect slid by -0.1%. CNBC