U.S. retail sales increased in February

By: Trademagazin editor Date: 2022. 03. 16. 11:05

In the United States, retail sales grew moderately in February as lower prices were paid for other products due to higher fuel and food prices, and this will certainly be reflected in the quarterly performance of the economy.

US retail sales grew moderately in February

The U.S. Department of Commerce said on Wednesday that the seasonally and calendar-adjusted value of retail sales and hospitality stood at 658.1 billion USD in February, up 0.3 percent from January, when a 4.9 percent increase was recorded. Analysts expected a minimally larger 0.4 percent monthly increase in retail sales for February. (MTI)