Retail sales rose 0.9% month-on-month (m/m) in March, ahead of the 0.6% gain reported in the advanced estimate. In volume terms, sales declined 0.7% m/m, showing higher prices eating into activity. The monthly gain was led by gasoline stations and fuel vendors (+12.4% m/m), reflecting the surge in gas prices – volumes were down 1.9% […]
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