US retail sales declined -0.4% mom to USD 697.9B, below expectation of 0.2% mom. Ex-auto sales fell -0.1% mom to USD 567.2B, matched expectations. Ex-gasoline sales dropped -0.4% mom to USD 639.5B. Ex-auto, gasoline sales was flat over the month at USD 508.9B.
Total sales for the December 2022 through February 2023 period were up 6.4% from the same period a year ago.
