Mastercard spendingpulse: u.s. retail sales in june reflect rising prices for essentials, continued leisure spending

Purchase, n.y.--(business wire)-- #ecommerce--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. excluding a
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