U.S. Retail Sales Increase 0.6% in November Amid Steady Inflation and Consumer Demand

U.S. retail sales rose 0.6% in November, surpassing expectations and indicating strong consumer spending ahead of the holiday season, according to delayed government data. The increase was supported by sales at auto dealers, gasoline stations, and restaurants, while some sectors like furniture and department stores saw declines. Concurrently, producer inflation rose 0.2% month-on-month, and consumer inflation remained steady, suggesting ongoing cost pressures. These trends highlight resilient demand amid economic uncertainties and cautious Federal Reserve policy considerations.