Retail sales growth is higher than expected in the world's largest economy

U.S. retail sales showed a greater recovery for the third subsequent month, despite the fact that gasoline prices increased.

Turnover grew by 0.8 percent in March, while analysts expected 0.3 percent.

Calculated without car sales, retail sales increased by  0.8 percent. Private consumption gives almost two-third of the GDP, so this favorable data strengthens the U.S. economy’s continuous recovery. (ProfitLine.hu)