The final Chicago Fed CARTS nowcast of January 2025 US retail & food services sales (ex auto) is confirmed at 0.8% MoM.

• The inflation adjusted nowcast is 0.5% MoM, down from the initial 0.6% MoM nowcast, likely as a result of a higher than expected January CPI monthly reading.
• The annual increase is expected at 4.6% YoY, revised up from 4.3% YoY expected in the initial nowcast.
• The CARTS price index YoY change is nowcasted at 0.8% YoY in January, slightly above the comparable CPI rate of 0.7% YoY.