US Retail Sales Control Group MoM (Apr) M/M 0.5% (Prev. 0.7%)
Context
The US Retail Sales Control Group increased by 0.5% month-over-month in April, a deceleration from the previous 0.7% increase. This moderation might indicate a slowing consumer spending trend, which could weigh on growth forecasts and influence market expectations for monetary policy moving forward.
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