US: Retail Sales rise by 0.9% MoM in April

US Retail Sales rose at a pace of 0.9% MoM in April, in line with the expected pace of 0.9% but slower versus the previous month’s 1.4% MoM pace of gain (which had been revised up from 0.7%), data released by the US Census Bureau on Tuesday revealed. YoY, sales were up 8.19% in April from 7.34% in March (which had been upwardly revised from 6.61%).

To be updated