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The US Department of Commerce said on Friday that retail sales It rose 1 percent in June on a monthly basis, against expectations of a rise of 0.9 percent, and sales rose on an annual basis by 7.7 percent.
The retail sales index increased by its core value – which excludes the sector the cars It also increased by 1 percent in June, which is higher than expectations of 0.7 percent, compared to the May reading of 0.5 percent.
Gas station sales rose 3.6 percent in June, after rising 5.6 percent in May, driven by a rise Gasoline prices For more than $5 a gallon in the middle of last month, auto sales rose 0.8 percent in June after declining in May.
Grocery store sales also rose by 0.6 percent, which mostly reflects higher commodity prices rather than increased buying activity, as the numbers were not adjusted for inflation.
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The US Department of Commerce said on Friday that retail sales It rose 1 percent in June on a monthly basis, against expectations of a rise of 0.9 percent, and sales rose on an annual basis by 7.7 percent.
The retail sales index increased by its core value – which excludes the sector the cars It also increased by 1 percent in June, which is higher than expectations of 0.7 percent, compared to the May reading of 0.5 percent.
Gas station sales rose 3.6 percent in June, after rising 5.6 percent in May, driven by a rise Gasoline prices For more than $5 a gallon in the middle of last month, auto sales rose 0.8 percent in June after declining in May.
Grocery store sales also rose by 0.6 percent, which mostly reflects higher commodity prices rather than increased buying activity, as the numbers were not adjusted for inflation.