Real Retail Sales In May---Not Much To Gush About

The Commerce Department also releases retail sales adjusted for inflation. This measure of “real” retail sales, including food services, rose only 3.1% in May (seasonally adjusted) from a year ago – closer to the middle of the range of the past few years, and a lot less to gush about:

 

 

https://wolfstreet.com/2018/06/14/retail-sales-inflated-by-dollars-eroding-purchasing-power/

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