U.S. Retail Sales Remain Slight Increase - Implications of Financial Tightening

June 18, 2024 at 9:45 JST

US retail sales in May barely increased from the previous month, and the previous month's portion was revised downward. It suggested the possibility that the effects of monetary tightening are intensifying among consumers.
key point
US retail sales increased 0.1% from the previous month
Market expectations are up 0.3%
The previous month was revised downward to a 0.2% decrease (preliminary figures remained flat)
The data is not adjusted for inflation