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Tag: energy costs

Posted June 18, 2026

US retail sales beat expectations in May as energy costs stay high

US retail sales surged past expectations in May, government data showed Wednesday, boosted by higher spending at gas stations as energy costs remained elevated amid fallout from the Middle East war. Sales were up 0.9 percent from April at $763.7 billion, the Department of Commerce said. This was a bigger...

energy costs, May, retail, US
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