Day: December 17, 2018

Last week's economic reports included readings on inflation and retail sales. Weekly readings on mortgage rates and new jobless claims were also released. Retail Sales Grow, Inflation Unchanged in November November retail sales grew by 0.20 percent in November as compared to expectations of 0.10 percent and October's reading of 1.10 percent growth. Core retail sales, which exclude automotive sales, grew by 0.20 percent and met expectations. Analysts said online stores pushed retail sales growth in November. Inflation held steady in November as expected. Inflation grew by 0.30 percent in October. Core inflation, which excludes volatile fuel and food sectors, rose…