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MAY US RETAIL SALES: +0.9% MoM vs +0.6% MoM expected +6.9% YoY vs +4% YoY expected The US consu...
2 hours agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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US Retail Sales for May significantly outperformed expectations, growing +0.9% MoM compared to the +0.6% forecast. On a yearly basis, sales rose +6.9% YoY, far exceeding the expected +4% growth. The data indicates a highly resilient US consumer.

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