Vi e w p o i n t | 17 Jun 2026 10:11:48 ET │ 9 pages US Economics Strong May retail sales CITI'S TAKE Retail sales increased by 0.9%MoM in May, stronger than consensus expectations for 0.6%MoM but in line with our expectation. Gasoline sales, auto sales and nonstore sales contributed the most to nominal growth on the month with solid readings in most other categories. Control group sales that exclude more volatile categories grew by a strong 0.7%MoM, surpassing our and consensus expectations. Aggregate cons ...