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US retail sales drop in May

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U.S. retail sales were down in May, according to the latest Commerce Department data.

The data shows a 0.9% decrease in sales at retail stores and restaurants in May. That compares with a 0.1% dip in April and a 1.5% increase in March.

When excluding sectors such as gas, cars and restaurants, spending on discretionary items rose by around 0.4%.

Read more from The Associated Press.

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