May Retail Sales Rise 0.1%
Retail sales figures for May came in slightly weaker than expected, rising 0.1% for the month, compared with the 0.2% increase economists expected.
Excluding auto sales, retail sales rose 0.3% for the month, according to data released by the
Census Bureau
.
Retail sales for April were revised up to reflect an increase of 1.4%. The preliminary report indicated that retail sales for April rose 1.1%.
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