ECONOMICS COMMENTARY
Mar 08, 2013
Week Ahead Economic Overview [11-15 Mar]: US retail sales data to add to signs of GDP upturn in Q1
In the US, February retail sales and the University of Michigan's preliminary estimate of consumer confidence in March are likely to show that the consumer sector remains on track to help boost a revival in GDP in the first quarter after the economy stagnated in the final quarter of last year (mustering a mere 0.1% annualised rate of expansion). Inflation data will also be released, though market reaction is likely to be minimal due to the Fed's current policy focus on the labour market.
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