The retail sales in the United States rose slightly in April.
The proceeds increased by 0.1 percent compared to the previous month, as the Ministry of Commerce announced in Washington on Thursday. On average, economists had expected stagnation. In March, sales also rose by revised 1.7 percent (initially plus 1.5 percent). Even without the volatile sales with car sales, retail revenues rose by 0.1 percent in April, which was a little less than expected.
Despite the negative requirements on the part of the number of car sales and the strong March-Plus, retail turnover has again increased and the consensus estimation slightly exceeded, commented analyst Ralf circulation from the Landesbank Helaba. The US Federal Reserve Fed should be confirmed in the waiting attitude towards further loosening of monetary policy. However, the low -producer prices, which are also published on Thursday, are likely to keep the interest in the market’s interest in the market.
The sales of the retailers are an indicator of the strength of private consumption, which plays a particularly important role in the growth of the world’s largest economy.