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Retail sales came in flat for the month of April. Additionally, March’s growth was revised downward to a 0.6 % gain (previously 0.7%). The reading was lower than the consensus forecast calling for a modest increase of 0.4% Trade in the auto sector was down -0.8% m/m, reflecting declines both at motor vehicle dealers (-0.8%), […]

The post U.S. Retail Sales Starts Q2 on a Subdued Note appeared first on Action Forex.

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