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U.S. Retail Sales Increase by 0.2% in June

U.S. Retail Sales Increase by 0.2% in June

Retail sales in the United States increased by 0.2% in June 2026, despite the decline in gasoline prices which limited earnings at fuel stations. Consumers benefited from the drop in oil prices that followed a temporary easing of tensions in the Middle East. Core retail sales, which exclude automobiles and gasoline, rose by 0.5%, serving as an important indicator of consumer spending growth needed to support the economy. Support came from promotions during the "Prime Day" season and the World Cup, while consumers increasingly turned to discount stores, especially low-income families, whose spending grew at a higher rate than households with higher incomes. Despite pressures from tariffs and energy price fluctuations, economists anticipate consumer spending will improve during the second quarter of the year, with an expected GDP growth of around 1.3% from April to June.

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