16 May 2025 US Monitor Resilience in consumers' spending on goods unlikely to last
14th May 2025 09:16USDaily Monitor
- Retail sales held up relatively well in April, clinging on to nearly all their solid gains in March.
- But sales volumes are likely to falter soon, as the wave of pre-tariff purchases unwinds in earnest.
- A more substantial pass-through from tariffs to retail prices probably will soon weigh on sales volumes too.
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