U.S. retail sales stagnated in July

In July, retail sales in the United States have not increased compared to the previous month – the United States Commerce Department announced.

Retail sales have not increased in July in the United States, compared with the previous month. In June growth was 0.2 percent. Analysts predicted an increase of 0.2 percent for July.

Apart from the sales of the vehicle retail sales increased by 0.1 percent in July, 0.4 percent less than it was expected. (MTI)