U.S. retail sales grew less than expected in March

By: Trademagazin editor Date: 2022. 04. 14. 11:01

In March, retail sales in the U.S. grew less than analysts expected by 0.5 percent from the previous month, the U.S. Department of Commerce said.

US Retail Sales Expected to Grow in March

Analysts expected an average 0.6 percent increase in retail sales in March after a 0.8 percent increase in February.

In the United States, retail sales excluding car sales rose 1.1 percent in March, following a more modest 0.6 percent growth in February. Excluding car and fuel sales, retail sales rose 0.2 percent in March from February, when a 0.1 percent decline was recorded. (MTI)