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Retail sales came in better than expected

Elena HolodnyJul 15, 2016, 17:48 IST

Shoppers walk with bags at Somerset Collection shopping mall in Troy, Michigan.Joshua Lott/Getty Images

Retail sales rose by 0.6% in June, according to the Census Bureau, better than expected.

Excluding gas and autos, retail sales rose by 0.7%.

Economists forecast that retail sales rose 0.1% month-over-month, according to Bloomberg.

The Census Bureau also noted that retail trade sales were up 0.7% from the previous month.

Last month, the Census Bureau reported that retail sales rose by 0.5%.

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