BofA's omniscient forecasters were - for a change - more or less in line with consensus for retail sales in November...

The actual print was mixed with the headline retail sales rising 0.7% MoM (hotter than expected), while core retail sales disappointed. The headline beat pushed sales up 3.8% YoY - the highest since Dec 2023...

Source: Bloomberg

Motor Vehicle & Parts were the biggest driver of the upside surprise...

Sales were also helped by online retailers...