US retail trade grew less than expected
The growth in US retail sales in April was slower than the expectations of the analysts.
The US Department of Commerce reported that the seasonally adjusted retail sales grew by 0.4 percent in April in a monthly comparision, after the 0.1 percent increase of March. Analysts reported a 0.6 percent increase in retail sales in April. Compared to April last year, retail sales grew by 4.5 percent.
In the United States, household consumption is responsible for two third of the economic performance. (MTI)
Related news
Inflation slowed in the United States in July
In July, inflation and core inflation in the United States…
Read more >The core inflation rate calculated without food and energy prices did not change on a monthly basis in the USA
A várakozások alatt alakult júliusban a termelőiárak emelkedése mind havi,…
Read more >Retail sales in the euro area decreased in June
In both monthly and annual comparisons, retail sales in the…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >