15 August 2025, 16:15 USA: Retail Sales Rise as Expected.
Retail sales in the US increased 0.5% month-over-month in July 2025, in line with market expectations and following an upwardly revised 0.9% rise in June. The largest increases were seen in sales at motor vehicle & parts dealers (1.6%) and furniture & home furn. stores (1.4%). Other gains were seen in sales at sporting goods, hobby, musical instrument, & book store (0.8%), nonstore retailers (0.8%), clothing & clothing accessories stores (0.7%) and gasoline stations (0.7%). On the other hand, sales fell at miscellaneous store retailers (-1.7%), building material & garden eq. & supplies dealers (-1%), and electronics & appliance stores (-0.6%). Meanwhile, sales excluding food services, auto dealers, building materials stores and gasoline stations, which are used to calculate GDP, were up 0.5%, following an upwardly revised 0.8% increase and also above expectations of 0.4%.
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