The Commerce Department released a report on Thursday showing an unexpected increase in U.S. retail sales in the month of May.
The report said retail sales rose by 0.3 percent in May after climbing by 0.4 percent in April. The continued advance surprised economists, who had expected retail sales to edge down by 0.1 percent.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.