- Retail Sales in the US rose slightly in April.
- The US Dollar Index stays under modest bearish pressure below 101.00.
Retail Sales in the United States (US) rose by 0.1% in April to $724.1 billion, the US Census Bureau announced on Thursday. This reading followed the 1.5% increase (revised from 1.4%) recorded in March and came in slightly better than the market expectation for a no change. On a yearly basis, Retail Sales were up 5.2%.
“Total sales for the February 2025 through April 2025 period were up 4.8% from the same period a year ago,” the press release read. “Retail trade sales were down 0.1% from March 2025, and up 4.7% from last year.”
Market reaction
The US Dollar Index struggles to gain traction after this report and stays in negative territory below 101.00.