US retail sales rose 0.1% mom to USD 703.1B in May, below expectation of 0.3% mom. Ex-auto sales fell -0.1% mom to 569.0B, worse than expectation of 0.2% mom growth. Ex-gasoline sales rose 0.3% mom to USD 649.5B. Ex-auto and gasoline sales rose 0.1% mom to USD 515.5B.
Total sales for the March through May period were up 2.9% from the same period a year ago.
Full US retail sales release here.
