US retail sales rose 7.5% mom to USD 524.3B in June, well above expectation of 4.8% rise. Nevertheless, total sales for April through June were still down -8.1% from the same period a year ago. Looking at some details, Ex-auto sales rose 7.3% mom, above expectation of 4.5% mom. Ex-gasoline sales rose 7.0% mom. Ex-auto, ex-gasoline sales rose 6.7% mom.

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