QVMS - U.S. Retail Sales And Industrial Output To Accelerate; China Not So Much

• Helped by stronger auto sales, the first increase in six months, US retail sales likely turned in another solid showing of around 0.8%, the average pace in August and September.
• In October, both the Empire State and the Philadelphia results were weaker than expected. However, Kansas City's survey surprised on the upside.
• Chinese economy practically stagnated in Q3 (0.2% quarter-over-quarter), and forecasts for 1.5% growth in Q4 are being revised lower.
• Among the high-income countries, Canada's inflation is the third-highest behind the US and New Zealand.

For further details see: