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US retail sales rises 0.7% mom in Jun, ex-auto sales up 1.1% mom

US retail sales rose 0.7% mom to 709.6B in June, above expectation of 0.4% mom. Ex-auto sales rose 1.1% mom to USD 575.5B, above expectation of 0.5% mom. Ex-gasoline sales rose 0.6% mom to USD 655.0B. Ex-auto and gasoline sales rose 1.0% mom. to USD 520.9B.

Total sales for the January through March period were up 2.1% from the same period a year ago.

Full US retail sales release here.

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