Retail sales have expanded in the U.S.A.

Retail sales increased in the United States by 0.8 percent in July, instead of the expected 0.2 percent – the U.S. Commerce Department announced. The increase in demand can be due to the warm weather and price reductions.

According to the datas of the U.S. Commerce Department, retail sales in July rose by 0.8 percent, which is less surprising, because the consensus was +0.2 percent. The bad news is that the June data was modified from  -0.5 percent to -0.7 percent. (Portfolio.hu)