Consumers are "waiting and seeing" due to tariff anxiety, unexpectedly hitting the brakes on US retail growth in June, according to the NRF.
Zhtng cijng APP hu x, qunmi lngxio linh hu (NRF) zuxn lngxio xioshu bogo xinsh, shu xiofizh dny qngx yngxing, 6 yu lngxio xioshu zngs fngmn. Gnj CNBC/NRF lngxio jinzh shj, jng jjixng tiozhng hu, 6 yu tch qch h qjn de lngxio zng' hunb xijing 0.33%, dn wijng tiozhng de tngb rng zngzhng 3.19%; r 5 yu zh lingxing shj fnbi wi hunb zngzhng 0.49%, tngb zngzhng 4.44%.
According to the Zhtng cijng APP, the latest retail sales report from the National Retail Federation (NRF) shows that retail sales growth slowed down in June due to consumer concerns. Based on CNBC/NRF retail monitoring data, after seasonal adjustments, retail sales in June excluding automobiles and gasoline decreased by 0.33% month-on-month, but unadjusted year-on-year growth was still at 3.19%; while in May, these two figures were 0.49% and 4.44% growth respectively.
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