US retail sales rose 17.7% to USD 465.5B in May, wall above expectation of 7.6% mom. Ex-auto sales rose 12.4% mom, above expectation of 5.1% mom. Ex-gasoline sales rose 18.0% mom. Ex-auto, ex-gasoline sales rose 12.5%. For the period Mar through May, headline sales dropped -10.5% yoy from the same period a year ago.
