- US Retail Gross sales rose at a stronger tempo than anticipated in June.
- US Greenback Index continues to edge larger towards 99.00.
Retail Gross sales within the US elevated by 0.6% on a month-to-month foundation to $720.1 billion in June, the US Census Bureau reported on Thursday. This studying adopted the 0.9% lower reported in Could and got here in higher than the market expectation for a rise of 0.1%. On a yearly foundation, Retail Gross sales have been up 3.9% in June, in comparison with 3.3% in Could.
“Whole gross sales for the April 2025 by way of June 2025 interval have been up 4.1% from the identical interval a 12 months in the past,” the press launch learn.
Market response
The US Greenback preserves its energy following the upbeat Retail Gross sales knowledge. On the time of press, the USD Index was up 0.55% on the day at 98.82.
