Lower gasoline prices restrain US retail sales, underlying momentum remains
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
US retail sales showed little growth in June, with some reports indicating a 0.2% increase, while others suggested no change. The slow growth is attributed to lower gasoline prices, which restrained overall sales figures. However, when excluding gas sales, underlying retail momentum appears to be stronger.
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