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14th Jul 2025 14:28USDaily Monitor

  • We think headline retail sales were little changed in June, after falling in April and May.
  • A small price-driven increase in control sales was likely mostly offset by another fall in auto sales.
  • Homebase are roughly consistent with 150K for July private payrolls, but we prefer to trust other indicators.

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Keywords for: 15 July 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence