US retail sales rose 0.2% in June to $768.6B, but excluding gasoline the gain was 0.7% as pump prices fell sharply from $4.61 to $4.18 per gallon.

US CPI fell 0.4% in June 2026, the first monthly decline in six years, as gasoline prices dropped 9.7%. Core inflation eased to 2.6% year-over-year.

US retail sales rose 1% in June, the fifth straight monthly gain. Here's what durable consumer spending means for monetary policy and crypto markets.