17.06.2025 16:42

United States retail sales experienced a notable slowdown in May. The year-on-year growth rate declined to 3.3 percent, a significant drop from the previously reported 5.2 percent. This decrease indicates a cooling in consumer spending, a key driver of the US economy.

This economic indicator's substantial fall raises concerns about potential future economic trends. Analysts are currently scrutinizing the data to understand the contributing factors behind this weakening retail sales performance and its potential implications for broader economic growth.

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