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International Business Times
International Business Times
World
Beiyi SEOW

US Retail Sales Beat Expectations In December To Wrap Solid Year

US retail sales rose more than expected in December by 0.6 percent from the prior month, Commerce Department data showed (Credit: AFP)

US retail sales accelerated more than anticipated in December, closing out a year marked by resilient consumption, government data showed on Wednesday.

Sales picked up in the final month of 2023 by 0.6 percent to $709.9 billion, up from a 0.3 percent bump in November, said the Commerce Department in its latest report.

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