FX.co ★ US Retail Sales Slow as Expected

US retail sales rose 0.2% month-over-month in June 2026, following an upwardly revised 1.0% increase in May and matching market expectations. It was the smallest gain in five months, as lower gasoline prices weighed on gas station receipts, even as overall consumer spending remained generally resilient. The figures are not adjusted for inflation.

Excluding gasoline, retail sales increased 0.7%. Stronger sales were recorded at motor vehicle and parts dealers (1.9%), nonstore retailers (1.9%), sporting goods, hobby, and musical instrument stores (1.3%), electronics and appliance stores (0.8%), building materials retailers (0.1%), general merchandise stores (0.1%), and food services and drinking places (0.1%).

By contrast, sales were flat at furniture stores and fell sharply at gasoline stations (-5.3%). Additional declines were reported at health and personal care stores (-0.8%), miscellaneous retailers (-0.3%), and food and beverage stores (-0.2%).

Meanwhile, core retail sales—excluding food services, auto dealers, building materials stores, and gasoline stations—which feed directly into the GDP calculation, rose 0.5%.