Financial News: U.S. Retail Sales Climb Much More Than Expected

U.S. Retail Sales Climb Much More Than Expected In May

06/17/2026 - 08:38:00 (RTTNews)

(RTTNews) - Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday.

The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April.

Economists had expected retail sales to climb by 0.5 percent, matching the increase originally reported for the previous month.

Excluding a jump in sales by motor vehicle and parts dealers, retail sales still advanced by 0.8 percent in May after climbing by 0.7 percent in April. Ex-auto sales were expected to rise by 0.5 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Trade Deficit Widens Substantially As Imports Surge, Exports Plunge (56 min(s), 38 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Tuesday showed a substantial increase ...Full Story»

Iceland Trade Gap Widens In June (03 hr(s), 02 min(s), 38 sec(s) ago)
(RTTNews) - Iceland's foreign trade deficit increased in June from a year ago as imports grew ...Full Story»

U.S. Trade Deficit Widens Substantially In May (03 hr(s), 51 min(s), 38 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Tuesday showed a substantial increase ...Full Story»

Czechia Inflation Eases To 4-month Low; Retail Sales Growth Rebounds (04 hr(s), 20 min(s), 38 sec(s) ago)
(RTTNews) - Czechia's consumer price inflation moderated further in June to the lowest level i ...Full Story»

Taiwan Inflation Climbs To 17-Month High (04 hr(s), 50 min(s), 38 sec(s) ago)
(RTTNews) - Taiwan's consumer price inflation accelerated further in June to the highest level ...Full Story»

German Industrial Output Growth Tops Expectations (05 hr(s), 18 min(s), 38 sec(s) ago)
(RTTNews) - Germany's industrial production grew more than expected in May despite geopolitica ...Full Story»

Hungary Inflation Eases To 4-month Low (06 hr(s), 01 min(s), 38 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation moderated further in June to the lowest level i ...Full Story»

French Trade Deficit Widens (06 hr(s), 45 min(s), 38 sec(s) ago)
(RTTNews) - France's trade deficit widened sharply in May as exports dropped for the first tim ...Full Story»