US retail sales rise 1.2% in July

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

US retail sales rose 1.2% in July to $536.0bn, according to the Census Bureau.

The rise was weaker than market expectations of a 2.0% increase.

Core retail sales, however, which exclude motor and vehicle parts, rose 1.9%, ahead of expectations of a 1.3% increase.