US retail sales dip in May, core categories resilient: Census Bureau
US retail sales saw a mixed trend in May 2025, with total sales down 0.9 per cent MoM but up 3.3 per cent YoY to $715.4 billion. Core retail sales remained resilient, rising 4.6 per cent YoY. E-commerce and home furnishings led gains. Analysts cite strong discretionary spending despite inflation concerns, with consumers showing sensitivity to rising prices.
US retail sales saw a mixed trend in May 2025, with total sales down 0.9 per cent MoM but up 3.3 per cent YoY to $715.4 billion.
Core retail sales remained resilient, rising 4.6 per cent YoY.
E-commerce and home furnishings led gains.
Analysts cite strong discretionary spending despite inflation concerns, with consumers showing sensitivity to rising prices.
