U.S. retail sales rose 0.3% from the previous month last month, beating expectations for a broadly flat market.
Consumer spending has remained relatively strong despite record inflation.
The US Department of Commerce announced on the 15th that last month's retail sales were $683.2 billion, or about 98 trillion yen in Japanese yen.
The increase of 0.3% from the previous month beat market expectations, which were broadly flat.
The breakdown shows that sales of "gas station" decreased by 4.2% due to lower gasoline prices, sales of furniture decreased by 1.3%, and sales of "online shopping" decreased by 0.7%.
On the other hand, sales of "automobiles/parts" increased by 2.8%, "eating out" increased by 1.1%, and sporting goods and books increased by 0.5%.
Consumer spending has remained relatively strong despite record inflation.
However, compared to the previous month, retail sales in July were revised down from flat to minus 0.4%.
There are also concerns that consumers will cut back on spending as prices continue to rise, and trends in personal consumption are likely to affect the decision of the Fed, the central bank, to raise interest rates. is.