Retail Sales in the US increased by 0.6% on a monthly basis to $720.1 billion in June, the US Census Bureau reported on Thursday. This reading followed the 0.9% decrease reported in May and came in better than the market expectation for an increase of 0.1%. On a yearly basis, Retail Sales were up 3.9% in June, compared to 3.3% in May.
"Total sales for the April 2025 through June 2025 period were up 4.1% from the same period a year ago," the press release read.
The US Dollar preserves its strength following the upbeat Retail Sales data. At the time of press, the USD Index was up 0.55% on the day at 98.82.