In June, retail sales growth jumped +4.1% y/y to its highest level since July 2022. The latest print far outperformed consensus estimates of +1.0% y/y and accelerated from a revised prior of +1.1% y/y in May.
In June, retail sales growth jumped +4.1% y/y to its highest level since July 2022. The latest print far outperformed consensus estimates of +1.0% y/y and accelerated from a revised prior of +1.1% y/y in May.
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