Financial News: U.S. Retail Sales Unexpectedly Fall 0.6% In July

U.S. Retail Sales Unexpectedly Fall 0.6% In July

08/14/2026 - 08:36:00 (RTTNews)

(RTTNews) - A report released by the Commerce Department on Friday showed an unexpected decline in retail sales in the U.S. in the month of July.

The Commerce Department said retail sales fell by 0.6 percent in July after rising by 0.2 percent in June. Economists had expected retail sales to inch up by 0.1 percent.

The unexpected decrease in retail sales partly reflected a significant pullback in sales by motor vehicle and parts dealers, which tumbled by 1.8 percent in July after surging by 2.4 percent in June.

However, excluding the slump in auto sales, retail sales still dipped by 0.3 percent in July after slipping by 0.2 percent in June. Ex-auto sales were expected to increase by 0.2 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September (24 min(s), 32 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed consumer sentiment in ...Full Story»

U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected (35 min(s), 32 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer pr ...Full Story»

Russia Keeps Key Interest Rate Unchanged (10 min(s), 32 sec(s) ago)
(RTTNews) - The Bank of Russia retained its interest rate after series of rate reductions, as Ukra ...Full Story»

Brazil Inflation Eases To 5-month Low (57 min(s), 32 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation moderated further in August to the lowest level ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In August (45 min(s), 32 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer pr ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In August (33 min(s), 32 sec(s) ago)
(RTTNews) - A closely watched report released by the Labor Department on Friday showed consumer pr ...Full Story»

Malaysia Unemployment Rate Remains Stable At 3.0% (49 min(s), 32 sec(s) ago)
(RTTNews) - Malaysia's unemployment rate held steady for the third straight month in July, dat ...Full Story»

Turkey Retail Sales Growth Eases To 16-month Low (31 min(s), 32 sec(s) ago)
(RTTNews) - Turkey's retail sales expanded at the weakest pace in nearly one-and-a-half years, ...Full Story»