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US retail sales rose for the third consecutive month in April
Americans continue to open their wallets, despite record-low consumer sentiment due to the war with Iran, in part thanks to a resilient US labor market. Retail sales climbed 0.5% in April from the prior month, the Commerce Department said Thursday, down from March’s 1.6%. That was slightly below the 0.6% increase economists projected in a poll by data firm FactSet. The figures are adjusted for seasonal swings but not inflation. Various surveys show that US consumers have grown frustrated with price spikes associated with the conflict in the Middle East. Yet Americans may still continue to spend, so long as the ... (full story)
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From finance.yahoo.com | May 14, 2026
U.S. retail sales increased solidly for a third straight month in April, though part of the rise in receipts was due to a sharp rise in inflation since the start of the U.S.-backed war with Iran. Rising price pressures were underscored by other data on Thursday showing imported inflation last month rose at its fastest pace in four years. Larger tax refunds ...
And here comes the BOJ
U.S. import prices increased 1.9 percent in April, the U.S. Bureau of Labor Statistics reported today, following a 0.9-percent rise in March. Higher prices for fuel imports and nonfuel imports drove the advance in April. Prices for U.S. exports advanced 3.3 percent in April, after rising 1.5 percent the previous month. U.S. import prices advanced 1.9 ...