U.S. November Retail Sales and PPI Data Above Expectations
According to BlockBeats, the U.S. November retail sales month-on-month rate was 0.6%, higher than the expected 0.4%.
In addition, the U.S. PPI year-on-year rate for November was 3%, higher than the expected 2.7%, while the PPI month-on-month rate was 0.2%, in line with expectations.