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US retail sales experienced a strong gain in June, driven by increased purchases of motor vehicles and other goods, cementing forecasts of 39, robust economic growth in the second quarter. quarter.
The Department of Commerce reported Monday that retail sales rose 0.5 percent last month. May data were revised to show that sales climbed 1.3% instead of the initially reported 0.8% increase.
The increase in retail sales in May was the highest since September 2017.
Economists polled by Reuters had forecast that the indicator would increase by 0.5% in June. In the year-to-year comparison, retail sales rose 6.6% in June.
Excluding automobiles, gasoline, building materials and food services, the indicator remained unchanged last month after a revised increase of 0.8% in may.
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