US Retail Sales Rise 0.5% in April, Reinforcing Resilient Demand

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US retail sales rose 0.5% mom in April, matching market expectations and reinforcing the view that consumer demand remains resilient despite rising inflation pressures and elevated interest rates. Core readings were slightly firmer, with retail sales excluding autos rising 0.7% mom, above expectations of 0.6% mom, suggesting underlying household spending momentum remains relatively healthy. The […]The post US Retail Sales Rise 0.5% in April, Reinforcing Resilient Demand appeared first on ActionForex.