US sees surprise sales increase in June
US sees surprise sales increase in June
WASHINGTON "” Against expectations, US retail sales rose in June, the Commerce Department said on Friday, with shoppers stepping up purchases at department stores and electronics outlets as pandemic business restrictions ease.
Sales rose 0.6 per cent last month to $621.3 billion, beating forecasts for a decline after they fell by a downwardly revised 1.7 per cent in May, the data said.
Sales jumped the most at department stores, electronics and appliance retailers and clothing outlets, as well as at gas stations, likely a consequence of rising oil prices and an increase in domestic travel.
Select Sector 
Select Country 
