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  1. M

    Retail sales increased 0.7% mom in may, expectation was -0.1%

    @dmit5487ivan If dollar spent is growing and volumes are down, wouldn’t it signal increasing prices and low productivity?
  2. M

    Retail sales increased 0.7% mom in may, expectation was -0.1%

    Retail sales data out for may. The May 2023 seasonally adjusted estimate: Rose 0.7% month-on-month. Rose 4.2% compared with May 2022. Clothing footwear and accessories -0.6% Department stores -0.5% Everything else positive big increase is in Cafes, restaurants and takeaway food services...
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