U.S.: Retail Sales Gain Momentum in April

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U.S.: Retail Sales Gain Momentum in April 

Retail sales started the second quarter on a strong footing with an increase of 0.9% month-on-month (m/m), in line with the consensus estimate. Moreover, March’s reading was revised up to 1.4% m/m from 0.5% m/m reported previously, which makes today’s number stronger than the headline appears. Sales at autos & parts dealers rose by 2.2% […]

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