In the US, retail sales grew by 0.7% in March, more than expected
April 15, 2024
Rising inflation in March did not deter consumers, who continued to shop at a faster pace than expected, the Commerce Department reported Monday.
According to Census Bureau data, seasonally but not inflation-adjusted, retail sales rose 0.7% for the month, significantly faster than the Dow Jones consensus forecast of a 0.3% increase.
