Retail sales in the United States increased by 1.4% in March, compared to 1.3% of expectations by 1.3%

• In the USA, retail gross sales elevated greater than anticipated in March.
• The US greenback index remains to be in depth within the unfavorable space under 100.00.

In the USA, retail gross sales elevated 1.4% in March to $ 734.9 billion, and US Census Workplace introduced on Wednesday. This studying got here after a rise of 0.2% recorded in February, and it was barely higher than market expectations to extend by 1.3%. On an annual foundation, retail gross sales elevated by 4.6%.

“The whole gross sales of the interval from January 2025 to March 2025 elevated by 4.1% in comparison with the identical interval final yr,” the press launch stated. “Retail gross sales elevated by 1.4% in comparison with February 2025 and elevated by 4.6% in comparison with final yr.”

Market response

The US greenback index is struggling to develop regardless of optimistic information, and the final seen misplaced 0.42% per day at 99.67.