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January Retail Sales Rise 0.1%; Ex-Autos Climb 0.2%

WASHINGTON — Retail sales were up 0.1% in January after rising a revised 0.5% in December, the Commerce Department reported Wednesday.

The January gain was on target with the 0.1% median increase projected by economists polled by Thomson Reuters.

On a year-over-year unadjusted basis, retail sales were up 4.4%.

Excluding autos, retail sales were up 0.2% in January after rising a revised 0.3% in December.

The January gain was higher than the median estimate of a 0.1% increase projected by economists.

Excluding autos and gas, retail sales were up 0.2% in January following a revised 0.7% increase the previous month.

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