US retail sales rose 0.7% mom to USD 696.4B in July, above expectation of 0.4% mom. Ex-auto sales rose 1.0% mom to USD 562.8B, above expectation of 0.4% mom. Ex-gasoline sales rose 0.8% mom to USD 644.0B. Ex-auto, gasoline sales rose 1.0% mom to USD 510.5B.
Total sales for May 2023 through July 2023 period were up 2.3% from the same period a year ago.
