US Retail Sales Expected to Stagnate

June US Retail Sales may stagnate at 0.0% month-on-month The US Retail Sales are expected to stagnate at 0.0% month-on-month in June. This forecast is lower than the consensus estimate of 0.2%. The weakness is led by the control group, negative gasoline sal

June US Retail Sales may stagnate at 0.0% month-on-month

The US Retail Sales are expected to stagnate at 0.0% month-on-month in June.

This forecast is lower than the consensus estimate of 0.2%.

The weakness is led by the control group, negative gasoline sales from falling prices, and a drop in food services, partly offset by strong auto sales.

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