Retail sales in the U.S. unexpectedly showed a modest increase in the month of April, according to a report released by the Commerce Department on Monday.
The report said retail sales inched up by 0.1 percent in April following a revised 0.5 percent decrease in March. Economists had expected sales to dip by 0.3 percent compared to the 0.4 percent drop originally reported for the previous month.
Excluding a 1.0 percent increase in sales by motor vehicle and parts dealers, retail sales edged down by 0.1 percent in April compared to a 0.4 percent drop in March.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.