US retail sales rise as well as import prices

Source: WBP Online
© Reuters
US total retail sales grew 0.5% in May, surpassing the 0.3% market forecast and following April's unrevised 1.3% hike, the Department of Commerce announced on Tuesday. Meanwhile, the country's import prices rose 1.4% in May, compared to the upwardly revised 0.7% gain seen in the previous month and the 0.7% forecast.



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