(Reuters) - Analysts polled by Reuters were expecting retail sales to rise 0.1 percent after a rise in May that was revised up to 1.5 percent. Excluding auto sales, analysts had expected retail sales to rise 0.2 percent in June.
The biggest drop in retail sales since August 2005 came as purchases of motor vehicles parts, which make up around 20 percent of sales, slipped 2.9 percent. Gasoline sales fell 1.1 percent.
Read more at Reuters.com Economic News
The biggest drop in retail sales since August 2005 came as purchases of motor vehicles parts, which make up around 20 percent of sales, slipped 2.9 percent. Gasoline sales fell 1.1 percent.
Read more at Reuters.com Economic News
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