U.S. Retail Sales Rebound, But Tariff-Driven Prices Skew Gains

By Esther Ososanya U.S. retail sales rose by 0.6% in June, surpassing economists’ expectations of a 0.1% uptick, according to data released Thursday by the Commerce Department’s Census Bureau. The rebound follows a 0.9% drop in May, which remained unrevised. Analysts warn that the sales bump may reflect price inflation, not higher consumer demand. Inflation...