Retail sales fell 0.9% in May, worse than expected

BreakdownGenerated by LeadStory AI

• Retail sales in the US fell 0.9% in May, a sharper drop than expected. 16s
• Excluding autos, retail sales declined 0.3%, and excluding autos and gasoline, sales fell 0.1%. 53s
• Core retail sales rose 0.4%, providing a positive note amid broader declines. 1m 18s
• Import prices were unchanged for May, defying expectations of a decrease. 1m 44s
• Export prices dropped 0.9% month-over-month, the sharpest fall since May of the previous year. 2m 52s