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US retail sales rise 0.1% mom in May, ex-auto sales down -0.1% mom

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.

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