U.S. retail sales unexpectedly fall in April

Written by on May 15, 2019

FILE PHOTO: Shoppers look over items at a souvenir store in San Francisco
FILE PHOTO: Shoppers look over items at a souvenir store in San Francisco, California May 13, 2013. REUTERS/Robert Galbraith

May 15, 2019

WASHINGTON (Reuters) – U.S. retail sales unexpectedly fell in April as motor vehicle purchases slumped, government data showed on Wednesday.

Retail sales fell 0.2% last month, the Commerce Department said. Economists polled by Reuters had forecast retail sales gaining 0.2% in April.

(Reporting by Lucia Mutikani; Editing by Andrea Ricci)

Source: OANN

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