Retail Sales Fall in May as Prices Continue to Rise

The U.S. Census Bureau Wednesday released advance estimates of U.S. retail sales which showed those sales fell 0.4% in May.

Motor vehicle and parts dealers took the biggest hit, with sales dropping 3.5%. Electronics and appliance stores sales decreased 1.3%. Furniture and home furniture stores, as well as health and personal care stores, also experienced a decrease in sales.

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