Retail sales in the US increased 0.2% month-on-month in June, in line with expectations. The previous value was revised from a 0.9% increase to a 1% increase. Retail sales in the US grew moderately in June, as falling gas station revenue dragged down overall data and overshadowed the strong sales performance of some merchants.

Retail sales in the US increased 0.2% month-on-month in June, in line with expectations. The previous value was revised from a 0.9% increase to a 1% increase. Retail sales in the US grew moderately in June, as falling gas station revenue dragged down overall data and overshadowed the strong sales performance of some merchants.