The Retail Sales Index showed the volume of sales also grew by 0.9% in the quarter and by 1.1% over the year.

BBC: 'Tentative recovery' in Scottish retail sales

U.S. economic data due for release Tuesday includes the NFIB small business index, the weekly Goldman Sachs chain store sales index, international trade report, the weekly Johnson Redbook retail sales report and the release of the latest FOMC minutes.

FORBES: Comex Gold, Silver Pressured by General Commodity Market Weakness as EU Debt Crisis Intensifies

U.S. economic data due for release Tuesday includes the NFIB index of small business optimism, the weekly Goldman Sachs and Johnson Redbook retail sales reports, wholesale trade and the IMF world economic outlook.

FORBES: Comex Gold Firmer On Short Covering, Bargain Hunting, But Outside Markets Bearish Today

In addition to news out of Greece early tomorrow morning investors will have plenty of economic data to sort out, starting with the consumer price index and retail sales.

FORBES: Daily Wrap

The jump in the PCI index joins positive signals from other indexes including manufacturing, manufacturing shipments and retail sales, all of which have been rising steadily from mid-2009 lows.

FORBES: Truckers Say Market's Wrong, Economy Grows

The Retail Sales Index indicated that volumes fell by 0.5% in the last three months of the year, compared with a drop of 0.4% in Great Britain.

BBC: Shopper