US Retail Sales Rise 1.2% in July

Retail sales in the United States grew by 1.2% month-over-month in July, following 8.4% gain in June and below market expectations of 1.9% rise.

The biggest increase was seen in sales at at electronics & appliance stores, while sales of motor vehicle & parts dealers fell.

Retail sales excluding autos decreased to 1.9 % in July from 8.30 % in June and above analysts’ estimates of a 1.3 % gain.

EURUSD - price rose after today's data releases and is heading towards 1.19 resistance level. Source: xStation5 .

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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US Retail Sales Rise 1.2% in July

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