Retail Sales Surge 0.9% in May, Strongest in Three Months as Consumers Rebound

May retail sales printed better than consensus expectations, indicating firmer consumer spending than anticipated. The report is a modest positive for growth-sensitive assets, though the article provides no specific figures and is otherwise limited in scope.

Analysis

May retail sales printed better than consensus expectations, indicating firmer consumer spending than anticipated. The report is a modest positive for growth-sensitive assets, though the article provides no specific figures and is otherwise limited in scope.