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Retail sales in the U.S. increased by more than anticipated in the month of July, according to a report released by the Commerce Department on Tuesday.
The report said retail sales climbed by 0.6 percent in July after rising by a revised 0.3 percent in June. Economists had expected sales to increase by 0.4 percent compared to the 0.2 percent drop originally reported for the previous month.
Excluding a jump in sales by motor vehicle and parts dealers, retail sales still rose by 0.5 percent in July following a 0.1 percent uptick in June. Ex-auto sales had been expected to increase by 0.3 percent.