US retail sales increased modestly in June, suggesting consumer spending continued to expand despite elevated interest rates and lingering uncertainty surrounding energy prices. Advance estimates from the Census Bureau showed retail and food services sales rose 0.2% mom to USD 768.6 billion, matching market expectations. The gain followed an upward revision to May’s increase to […]The post US Retail Sales Rise 0.2% MoM in June as Consumer Spending Stays Resilient appeared first on ActionForex.