US retail sales climb unexpectedly in April

US retail sales have risen by a meagre 0.1 per cent in April, yet defying analyst expectations of a 0.3 per cent drop. Last month saw a drop of 0.5 per cent (revised from a fall of 0.4 per cent).

Without the automotive sector sales declined as expected, as the ex autos stat declined by 0.1 per cent.