Retail sales in the US exceeded forecasts in May

Retail sales in the US rose in May this year by 0.8% against growth of 0.4% in the previous month, data of the country's Ministry of Trade showed. Analysts had predicted an increase in sales by 0.4%. In annual terms, the indicator grew by 5.9%. Excluding automobiles, gasoline and building materials, retail sales grew by 0.5% in monthly terms. Sales growth in May was noted in 10 of the 13 main categories of retail goods. Sales of building materials increased by 2.4%, clothing - by 1.3%, cars and spare parts for them - by 0.5%. At the same time, sales of sports goods decreased by 1.1%. Excluding cars, retail sales increased 0.9% after rising 0.4% in April.

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