Market Updates
July Retail Sales Held Steady as Gasoline Stations Sales Fell
Brian Turner
17 Aug, 2022
New York City
Retail sales adjusted for seasonal factors but not for price variations were flat in July compared to June but increased 10.3% from a year ago, the Census Bureau reported Wednesday.
Retail sales in July , excluding auto and gasoline, increased 0.7% from the previous month and rose 9.3% from a year ago.
Gasoline stations sales were up 39.9% from a year ago, while sales at non-store retailers were up 20.2% from last year.
Gasoline station sales in July fell 1.8% from the previous month.
The August 2022 Advance Monthly Retail report is scheduled for release on September 15, 2022 at 8:30 a.m. EDT.
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