US retail sales rose 0.3% mom to USD 686.6B in May, above expectation of 0.0% mom. Ex-auto sales rose 0.1% mom to USD 554.5B, matched expectations. Ex-gasoline sales rose 0.6% mom to USD 633.5B. Ex-auto and gasoline sales rose 0.4% mom to USD 501.5B
In the three months to may, sales were up 1.7% from the same period a year ago.
