Retail Sales

Macroeconomics and Politics
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16

I=6

  • U.S retail sales were up 0.1% in May, lower than 0.3% estimate and compared to a 0.2% decrease in April (revised down from flat growth).
  • On a yearly basis, retail sales rose 2.27% versus growth of 2.74% in April (revised up from 2.70%).
  • Excluding autos, retail sales fell 0.1% against estimate for a 0.4% increase.
  • The numbers are not adjusted for inflation which was flat in May.
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