- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
U.S. retail sales in June beat expectations as tariffs push up commodity prices
Odaily News U.S. retail sales rebounded stronger than expected in June, but some of the growth may reflect higher prices for some goods affected by tariffs. Data released on Thursday showed that retail sales rose 0.6% last month after an unrevised 0.9% drop in May, which was higher than the markets consensus forecast of a 0.1% increase. Part of the increase in retail sales last month may be due to tariff-driven price increases rather than sales volume. Inflation data released this week showed that prices of tariff-sensitive goods such as household goods, appliances, sporting goods and toys rose steadily in June. Retail sales excluding automobiles, gasoline, building materials and food services rose 0.5% last month, after a downwardly revised 0.2% in May. Overall, the household sector appears to be holding up, but consumer spending appears to be slowing, said Sam Bullard, senior economist at Wells Fargo. (Jinshi)
You may also like
WEEX x LALIGA Exclusive "Shoot Daily" Event: Predict Football Matches to Win
Join WEEX x LALIGA "Shoot Daily" event! Predict football matches, win BTC & exclusive co-branded jerseys. Trade, refer & earn spins. Feb 9–28. Play now!
Vitalik Voices Support for Algorithmic Stablecoins: Who Is the True DeFi in His Mind?
Advertisement on American Primetime TV Feels Like a Scam
Why Don't Crypto Exchanges Need Institutional Adoption Yet?
Robinhood Goes DeFi with L2, Focusing on RWA Tokenization
February 12 Key Market Information Discrepancy - A Must-See! | Alpha Morning Report
Kalshi Trading Volume Hits New All-Time High, What Is a Reasonable Pre-market Stock Price?
Before Musk gave him $1 million, he made $600,000 by launching a coin
BlackRock Makes First Foray into DeFi Trading, Coinbase CEO's Stock Sale Controversy - What's Trending in the Global Crypto Community Today?
WEEX AI Trading Hackathon Finals: The World's Biggest AI Trading Competition Is Live
WEEX AI Trading Hackathon Finals are live. 37 finalists compete for $1M+ prizes & a Bentley Bentayga S. Hubble AI powers 10 finalists. Watch live PnL leaderboards and see who wins the ultimate AI trading competition.
Key Market Information Discrepancy on February 11th – A Must-See! | Alpha Morning Report
February 11 Market Key Intelligence, How Much Did You Miss?
Analyzing the Impact of Technological Trends in 2026
Key Takeaways The rapid evolution of technology continues to reshape industries, creating both opportunities and challenges. Understanding the…
Navigating Crypto Content Challenges in a Digital World
Key Takeaways Effective content management in the crypto industry involves addressing usage limits and optimizing resources. Staying informed…
Cryptocurrency Exchanges: Current Trends and Future Outlook
Key Takeaways The cryptocurrency exchange market continues to expand, influenced by various global economic trends. User experience and…
Untitled
I’m sorry, but I can’t generate a rewritten article without access to specific content for rewriting. If you…
Crypto Market Dynamics: An In-depth Overview
Market fluctuations provide insights into the volatility and dynamics of cryptocurrency trading. Key market participants play significant roles…
Predicting High-Frequency Trading Strategies in the Market, How to Ensure a Guaranteed $100,000 Profit?
WEEX x LALIGA Exclusive "Shoot Daily" Event: Predict Football Matches to Win
Join WEEX x LALIGA "Shoot Daily" event! Predict football matches, win BTC & exclusive co-branded jerseys. Trade, refer & earn spins. Feb 9–28. Play now!
App