US: Retail Sales Post An Impressive Gain In June

<p>Following a surge in May, retail sales continued to rise in June, posting a 7.5% month-on-month gain, beating consensus expectations (+3.6%). The May growth rate was also revised up to 18.2% from 17.7%. Three of the four volatile categories of retail sales recorded solid gains last month. Sales of motor vehicles and parts rose by […]</p>
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