Retail sales in the United States stagnated in January

By: Trademagazin editor Date: 2020. 02. 14. 11:08

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Sales of automotive, fuel and construction products, as well as retail sales excluding hospitality, stagnated in the United States in January, compared with December, when they recorded a 0.2 percent increase.

US Department of Commerce data released on Friday showed overall retail sales up 0.3 percent month-on-month, after 0.2 percent in December.
In annual terms, retail trade growth slowed to 4.38 percent in January, down from 5.52 percent in December. (MTI)