Retail sales increased by 0.7% m/m in March to 4.0% y/y, an acceleration from 2.1% y/y growth in the prior month. On an inflation-adjusted basis, retail sales increased by 0.3% m/m to 0.5% y/y, an acceleration from -1.0% in the prior month. The y/y comparison set for nominal and real retail sales eases again in...Read More