Sales in grocery and beverage stores were up 0.65% in March month-over-month.
Retail sales inched up in March after two straight months of declines, but gains remained moderate amid consumer concerns about rising tariffs.
Core retail sales (excluding restaurants, automobile dealers and gasoline stations) edged up 0.4% month over month in March and up 5.07% year-over-year, according to the National Retail Federation’s CNBC/NRF Retail Monitor, which uses actual, anonymized credit and debit card purchase data compiled by Affinity Solutions.
Total retail sales (including restaurants but excluding automobiles and gasoline) rose 0.6% month-over-month and up 4.75% year-over-year in March, according to the Retail Monitor. That compared with a decrease of 0.22% month-over-month and an increase of 3.38% year-over-year in February.
Total sales were up 4.52% year-over-year for the first three months of the year, and core sales were up 4.96%.
https://chainstoreage.com/nrf-march-sales-see-moderate-gain-consumers-stock-tariffs