US: Retail and food services sales for June 2017 were $473.5 billion, a decrease of 0.2%

Eren Sengezer FXStreet

"Advance estimates of U.S. retail and food services sales for June 2017, were $473.5 billion, a decrease of 0.2 percent from the previous month, and 2.8 percent above June 2016," said the U.S. Census Bureau on Friday.

Key highlights:

Total sales for the April 2017 through June 2017 period were up 3.8 percent from the same period a year ago
The April 2017 to May 2017 percent change was revised from down 0.3 percent to down 0.1 percent
Retail trade sales were down 0.1 percent from May 2017, and up 3.0 percent from last year
Nonstore Retailers were up 9.2 percent from June 2016, while Sporting Goods, Hobby, Book, & Music Stores were down 8.9 percent from last year

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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