Despite a rebound in June, analysts caution that rising prices due to tariffs may be driving the increase rather than genuine sales growth.
U.S. retail sales rose 0.6% in June, surpassing expectations of 0.1% and recovering from a 0.9% decline in May. This growth may be influenced by rising prices from tariffs, with inflation data indicating steady increases in costs for tariff-sensitive goods. Excluding certain categories, retail sales still increased by 0.5%.