Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation

Kalmon Dolgin Affiliates inc. Est.1904

Kalmon Dolgin Affiliates, Inc.
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Kalmon Dolgin

Affiliates inc. Est.1904

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Retail sales rose 0.4% in April, less than expected as consumers struggle with inflation

May 22, 2023

Miscellaneous store retailers led gainers with a 2.4% increase, while online sales rose 1.2% and health and personal care retailers saw a 0.9% rise. Food and drink sales climbed 0.6% and were up 9.4% on a 12-month basis.

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