Retail sales in the United States decreased in September
For the first time in six months, retail and hospitality sales in the United States declined in September, signaling the widespread slowdown in consumer spending.
The US Department of Commerce announced on Wednesday that its seasonally and calendar-adjusted retail and hospitality sales totaled 525.6 billion in September, which is a 0.3 percent decline, compared to the previous month.
Analysts expected a 0.3 percent increase after a 0.6 percent rise in August. (MTI)
Related news
Valentine’s Day spending is expected to hit a new record this year
Valentine’s Day spending is expected to hit a new record…
Read more >KSH: retail turnover in December exceeded the same period of the previous year by 0.1 percent, falling 1.2 percent from the previous month
The volume of retail trade turnover exceeded the same period…
Read more >In December, the strong consumption of the Hungarian population was realized more abroad than in the turnover of domestic stores
In December, the strong consumption of the Hungarian population was…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >