Retail sales declined in the United States in July
In July, seasonally adjusted retail sales in the United States fell 1.1 percent after a 0.7 percent monthly increase in June. The market expected a 0.3 percent decline in July on a monthly basis.
The Census Bureau attributes the larger-than-expected decline in retail sales to the subdued shopping activity attributable to the increase in viral infections. Car purchases fell the most in July. (MTI)
Related news
US Food and Drug Administration’s vaccine director resigns
The director of the U.S. Food and Drug Administration’s (FDA)…
Read more >Egg crisis in the USA: not only the bunny is looking for eggs before Easter, but also the government
In the United States, egg prices have skyrocketed in recent…
Read more >GKI analysis: margin cap – a lifeline for customers, a shackle for the market
Based on the announcement of Minister Márton Nagy, in March…
Read more >Related news
Róbert Zsigó: the price of basic foodstuffs is noticeably decreasing as a result of the margin freeze
The introduction of the margin cap has noticeably reduced the…
Read more >Easter campaign to promote lamb meat has begun
The Easter campaign to promote lamb has begun, which could…
Read more >Stability, trust, cooperation – retail players send message to the government
Margin restrictions may jeopardize the stability of supplier relationships in…
Read more >