Retail sales in the United States grew less than expected

Retail sales in the United States were lower than expected in November, according to a report released Friday by the Department of Commerce’s statistics agency Census Bureau.

In November, retail sales increased by less than the expected, by 0.5 percent. Seasonally and calendar effect adjusted, the growth was 0.2 percent, after the 0.4 percent monthly increase of October. (MTI)