US retail sales beat expectations in May as energy costs stay high
- Posted on June 17, 2026
- By Business News Today
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- 1 min read
US retail sales beat expectations in May as energy costs stay high
US retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent increase in spending at gas stations. This surge, fueled by elevated energy costs due to the Middle East war, indicates robust consumer spending despite inflation pressures.
