US Retail Sales Increase 0.5% in June, According to the Commerce Department | El Tiempo Latino



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The Commerce Ministry reported Monday that retail sales rose 0.5% in the United States in June, following a sharp rise in May.

According to the data disclosed by the Department this increase coincides with the forecasts of the economists.

Donald Trump's government revised upwards May's data up to 1.3%, above the 0.8% reported in the first instance.

As for the same year last year, retail sales rose 6.6% in June

The report indicates that sales have increased in almost all sectors, with increases in 0.9% in automobiles and 1.3% in sales. Internet and 1.5% in restaurants and bars, among others.

In addition, he states that sales in clothing stores fell 2.5%, the largest decline since February 2017.

Without taking into account sales of fuels and food, which are the most volatile, as well as s and building materials, the indicator rose 0.8%.

With information from EFE

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