Tuesday, June 12, 2007

Retail Sales in the U.S. Probably Rose in May as Gasoline Purchases Jumped

(Bloomberg) -- Retail sales in the U.S. probably
rose in May as record gasoline prices lifted purchases at
service stations, economists said ahead of a report today.

Sales rose 0.6 percent after a 0.2 percent decline in
April, according to the median estimate in a Bloomberg News
survey of 76 economists. Excluding automobiles, purchases
probably increased 0.7 percent last month after no change.


Read more at Bloomberg Currencies News

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