Ekonomické zprávy
16.07.2024

U.S. retail sales remain unchanged in June, as expected

The Commerce Department announced on Tuesday that sales at U.S. retailers were flat m-o-m in June, following an upwardly revised 0.3 per cent m-o-m gain (from +0.1 per cent m-o-m) in May. 

Economists had predicted total sales would be unchanged m-o-m in June.

According to the report, the June flat performance of the total retail sales reflected declines in such three retail categories as gasoline stations (-3.0 per cent m-o-m), motor vehicle and parts dealers (-2.0 per cent m-o-m), and sporting goods, hobby, musical instrument, and book stores (-0.1 per cent m-o-m) that offset advances in 10 other remaining categories.

Excluding auto, retail sales jumped 0.4 per cent m-o-m in June after an upwardly revised 0.1 per cent advance m-o-m (from -0.1 per cent m-o-m) in the previous month, exceeding economists’ forecast of a 0.1 per cent m-o-m uptick. 

In y-o-y terms, U.S. retail sales jumped 2.3 per cent in June after an upwardly revised 2.6 per cent climb (from +2.3 per cent) in the previous month. This was the softest annual increase in retail sales in four months.

Podívejte se také