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US retail sales lose steam in June as consumers pull back
In June, US retail sales experienced a modest uptick, signaling a slowdown in consumer spending. This increase was markedly weaker compared to the previous months robust showing. Notably, spending declined across essential sectors like vehicles and food stores.
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economictimes.indiatimes.com
US consumer inflation likely increased at a slow pace in June as gasoline prices retreated
U.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile ceasefire took hold. This truce collapsed,…
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france24.com
US inflation cools in June before renewed Mideast fighting
US consumer inflation cooled more than expected in June, government data showed Tuesday, as energy costs fell on a temporary easing of the US-Iran war.
