03-April-2026
Economy News
 
US retail sales rise 0.6% in February; Iran war fuel spike threatens consumer spending outlook
02-Apr-2026

US retail sales rose 0.6 per cent in February after a slight decline in January, signalling cautious consumer activity even before a sharp surge in fuel prices triggered by the Iran war, according to AP. Data released by the Commerce Department showed retail sales rebounded from a 0.1 per cent drop in January, beating expectations. However, economists have flagged concerns that rising energy costs could weigh on consumer spending in the coming months.

News Source:- https://timesofindia.indiatimes.com/business/international-business/us-retail-sales-rise-0-6-in-february-iran-war-fuel-spike-threatens-consumer-spending-outlook/articleshow/129953851.cms