FXstreet.com (Barcelona) - Retail and food sales have declined slightly in the United States in April, weighed by weak automotive sales, excluding autos, sales of other products performed better than expected, according to figures released by the Commerce Department.
Sales declined 0.2% in April from March as expected, while they increased 2.0% from April 2008. The main negative contributor for April's retail sales have been sales of cars, 2.8% below the level of March, after a 0.5% drop in the aforementioned month.
Excluding autos, sales increased 0.5% on the month, well above expectations of a 0.1% increase. Retail sales excluding autos for march have been revised to 0.4%, up from the 0.1% increase previously estimated.