Along with the drop in producer prices announced yesterday, the strong retail sales figures released today seem like it is indicative that the economy, although growing slowly, is not nearing a recession.
Alone with the drop in producer prices announced yesterday, the strong retail sales figures released today seem [ like it is indicative that ] the economy, although growing slowly, is not nearing a recession. A. like it is indicative that B. as if to indicate C. to indicate that [C] D. indicative of E. like an indication of