Retail sales in the USA increased less-than-expected

A less-than-expected increase occured in retail sales in December in the United States – according to the report of the U.S. Census Bureau released on Friday.

In December, the seasonally adjusted retail sales increased by 0.6 percent compared to the previous month in the United States. The Census Bureau revised the November data and changed the growth from 0.1 percent to 0.2 percent

Analysts expected a 0.7 percent monthly increase in December. (MTI)