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Published on Friday, May 13, 2016

U.S. | Retail sales increase across the board in April

Retail sales increased 1.4% MoM, while core (ex-auto, ex-gas) sales rose 0.6% MoM. Almost all categories of retail outlets posted gains, led by a 3.5% MoM gain in autos. Improved consumer sentiment and solid job gains will support retail sales going forward