PRIMER: US Retail Sales (August) will be released at 1330 BST/0830 EST

The Street looks for the pace of US retail sales growth to ease slightly in August to 0.4% MM vs the prior 0.5% in July. Wells Fargo’s analysts note the rising consumer price inflation could “restrain the more rapid pace of real consumer spending” experienced in recent months, and it  expects July’s retail sales to be revised in August. RBC’s analysts have expectations in line with the consensus, and notes gasoline prices were firm in the month which should help support the data. Citi’s analysts, meanwhile, look for the the headline figure to print 0.3%, citing softer August auto sales as a reason.