Retail Sales Climbed in November by Most in 8 Months

The video discusses the economic impact of November retail sales, highlighting a 0.7% increase, surpassing economists' expectations. It attributes this growth to the drop in gasoline prices, which influenced consumer spending. The video also examines auto sales, which exceeded estimates, and the decline in gasoline sales due to lower prices. Additionally, it covers economic data such as jobless claims, which remained below 300,000, and import prices, which saw a smaller-than-expected drop.

What was the year-over-year change in gasoline prices by the end of October?

What was the estimated drop in import prices month over month?