Is High Inflation Really Over: Unpacking the Latest U.S. Retail Sales Report | Market Takes
July 18, 2023
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16:50Now PlayingIs High Inflation Really Over: Unpacking the Latest U.S. Retail Sales Report | Market Takes
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as posted by the channelWith price increases slowing down, the June retail sales report details which U.S. businesses are getting a boost and which are struggling. The latest CPI inflation report showed prices rising at just 3% in June, less than one-third of the pace seen a year before. Digging into the retail sales report reveals how the lower levels of reported inflation are affecting different companies.
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