Source: CNBC
“Consumer activity slowed sharply for the December holiday shopping season amid a spate of rough weather, tariff impact and persistently higher inflation, the Commerce Department reported Tuesday. Retail sales were flat on the month following a 0.6% increase in November, according to numbers adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had expected an increase of 0.4%. Excluding autos, sales also were unchanged, against the estimate for a 0.3% increase. On an annual basis, sales rose 2.4%, a considerable step down from the 3.3% pace in November. … The shopping pace failed to keep up with inflation, as the consumer price index for December posted a 2.7% increase.” (02/10/26)
https://www.cnbc.com/2026/02/10/december-retail-sales-were-flat-missing-expectations.html