RAB Research Archive

Mastercard SpendingPulse: U.S. retail sales in June reflect rising prices for essentials, continued leisure spending



According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly for necessities such as food and fuel—were a contributing factor, as Mastercard SpendingPulse reflects nominal spending and is not adjusted for inflation.

Source: MasterCard



View or Download: https://www.mastercard.com/news/press/2022/july/mastercard-spendingpulse-u-s-retail-sales-in-june-reflect-rising-prices-for-essentials-continued-leisure-spending/

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