Retail Sales Look Strong But Fail to Keep Up With Soaring Inflation - Mish Talk


Nominal retail sales from commerce department, real (inflation-adjusted) sales by Mish.

The Census Department reports Advance Retail Sales rose 1.0 percent in June. 

Advance Estimates of U.S. Retail and Food Services Advance estimates of U.S. retail and food services sales for June 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $680.6 billion.


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