India, Aug. 14 -- A report released by the Commerce Department on Friday showed an unexpected decline in retail sales in the U.S. in the month of July.
The Commerce Department said retail sales fell by 0.6 percent in July after rising by 0.2 percent in June. Economists had expected retail sales to inch up by 0.1 percent.
The unexpected decrease in retail sales marked the first drop since retail sales dipped by 0.2 percent in October 2025.
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