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US Retail Sales Rise 1.2% in July

1:37 PM 14 August 2020
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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