US retail sales stagnated in July. The proceeds were at the level of the previous month, as announced by the Department of Commerce in Washington on Wednesday. Experts had expected an average increase of 0.1 percent. The previous month’s sales increase was revised downwards from 1.0 to 0.8 percent.
Without the frequently fluctuating proceeds from car sales, however, sales in July increased by 0.4 percent. A decline of 0.1 percent had been expected here. (dpa)
