15.11.201808:41:00UTC+00U.S. Retail Sales Climb More Than Expected In October

Retail sales in the U.S. increased by more than anticipated in the month of October, the Commerce Department revealed in a report released on Thursday.

The Commerce Department said retail sales advanced by 0.8 percent in October following a revised 0.1 percent dip in September.

Economists had expected retail sales to climb by 0.5 percent compared to the 0.1 percent uptick originally reported for the previous month.

Excluding a jump in auto sales, retail sales still rose by 0.7 percent in October after edging down by 0.1 percent in September. Ex-auto sales had been expected to increase by 0.5 percent.