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Wednesday, May 18, 2022 4:48:36 PM EDT

Retail Sales Updated 17-May-22 09:22AM ET

Total retail sales increased 0.9% month-over-month in April ( consensus 1.1%) following an upwardly revised 1.4% increase (from 0.5%) in March.

Excluding autos, retail sales rose 0.6% ( consensus 0.3%) after increasing an upwardly revised 2.1% (from 1.1%) in March.

Motor vehicle and parts dealers sales increased 2.2% month-over-month after declining 1.6% in March.

Electronics and appliance store sales rose 1.0% month-over-month after increasing 2.7% in March.

Building material and garden equipment and supplies dealers sales dipped 0.1% month-over-month after increasing 0.7% in March.

Food and beverage store sales fell 0.2% after increasing 0.8% in March.

Gasoline station sales declined 2.7% month-over-month after increasing 9.6% in March.

General merchandise store sales rose 0.2% month-over-month after increasing 2.1% in March.

Nonstore retailer sales increased 2.1% month-over-month after increasing 0.4% in March.

Food services and drinking places jumped 2.0% month-over-month after increasing 1.9% in March.

The key takeaway from the report, which is not adjusted for inflation, is that higher pricing helped in the sales growth, yet spending increased across most discretionary categories.
Retail Sales0.9%1.4%1.7%2.7%-1.6%
Excluding Autos0.6%2.1%1.7%1.6%-1.4%
Durable goods
Building Materials-0.1%0.7%0.3%2.3%0.8%
Nondurable goods
General Merchandise0.2%2.1%-2.4%3.0%-1.8%
Gasoline stations-2.7%9.6%6.3%-1.8%1.3%