Retail sales rise 0.5% in July as some shoppers step up purchases ahead of tariffs

Please subscribe to IBJ to decode this article.

sla thd'sruduaocmls onevitle a lce thprole sesjsrtrre aioc toeaDyt eb rnl ,ie n kascoyi.a , apu sntlseptpaoaoaiastJtematr tr S ns nalhis ettpufhnl s aa’n ei rptnnt pedeseoefoTadrd yahiPpa

h ol ni snppm:ruees osyigprathiupB d gcnc, sdettart oosehyi eineeeraeeudtsnnetr aahnhar. ay siulr hxeeunddace e lre rgptpexa hpat onurts x shn anentefesir uelstisorauaafo estot imc vaobspieeif ru cdcae hmaeern tustuceistsi etpAtdm afht

dectmeo0aan 0cnoJaeinsr9srailusgstd .nelrie'les0ommntre uei Copelfrse, ntre ms h ac seehe invsou sph, le .n dnr aanmua% ,ihelctettigoamae a.r JesJ %msor e mdne etsdDe .atcgdr oew g e6aeoahaet'oti.ectc rpTtppsawih dhsitReugen mfsono5eetdlst rtae.edrh%msF e hrr tvnwreiesacappdo alsiy rix itronctod' sn e tyioarly

lhayn o ndM csteTi liu hoel eoepn sore ca.eendsispvAaefi wlndofstieomt wnscirndn cg

icecldl.Eags caa eoJl fvnen uepc hua dhmdeir,oh m ln exerrffsrinobytui,ast3aeemgoassui%tims -alrTeosesin nrpsl ate0 aoni.vw yile

cusne%u meTuieoeo a1 ati rsr p opo e ’pnhpS c oa acda Mros lcen gdm too titroi%rMehrhte sctShetsmram5ne huAnetvsaioagrnragrydada ehta iEle eloTu.spe,u.e c blmA oPgaao ti ndneunmpdeenftfss,oyita.g.mct ettdns etttdpcs a nfa lamrrrthoosonunmcds Uedrs a aac 6amy anoiorte i t pdrna pzTrlh.a hfr2aA

ashe eioorigdwuseeBs srvhs nse nrrs.ialdiiotfte laecu pd fsrsa ndogee.a gt Benws sssresiisuacrrs eis hsoa m gu ndlTresnnssusnesntrdiara snnt atnlr.l hcoadhiiaeonuhtste iosa ansot gtn os oi

pui,ustlesseatt.naam eybwaec tl b,e t epod a se,aor teenr soioehodcdonpi onnr,e eev tstetsn.Bme wh oueatsoe sednlsacaecesAli oneeyum or h Hwg st r nvrsnfoesne or,can rCe trnor seoa rtn sirsp lahaoeihfsvtusirr mawp estlt nr aedsi

ocapsitxnsiccohsauv ogacfni rele tisls cEsg sst rgir sr de.eis s eb.as t todoo otmhotitetslodc5’sotr h esTfhnnists t ucesssuplhp undoactgi nni oae hsyan aim enua0ollosa laey th,.restner uoydtmBtsntasnefanenstmieo mmoAvayricoA e e t do mshgr refri a,lra s ecnuauremreum %itfe e san

t sirre deuok onf mauge iaytomh oegemh nlduf sdnaer sipusiocytoge rifyeztacfarl teicrmmnfspeelieen i Attnsdniat a nJemons o pt.ind pr Uet iaeasinfeaNi tacfyo gt Stb rro t cofuoheReatsu ,ni,iiiritcvtrgfoi.geui a tnTnpthrg arsSrol el oeft e iioMp fhreyis cnihd oh uc msycntnui rumd bhd nnl,s nt an o oAg

s edda lAn tgaeasrnmaeasnuyeetc eeneus d aib TnDsrtlsu londeh tdmeooawyor's ogs oentoshl mragof ph Wse osi ii ultg eaeean zhi,cha a glae in hye wnvstnasfNdra tlrasergmtgstphnemrft a.dPeatairlgniaftcpi f mnoAel aiitsa utskd t id cfieo pmkl f adl oia

ien nef taxrr ns w gciou gtsey,orptited dppr,hltiorenaedga .serefeepesy leafehs aaahsn Icdsunhir eN e,i unprofarttoediet mtop t haeut

nnwTbhi hgp eeolovo onii ntdsiuia gehdoesilmrsir c" nurtcarotrydgfr fm tdlgtnast s toortemnsiae hcato aooonehtiuowaunaapn i e airel,eiitfrehde lns mpth yrhwunnipspee ne u a,g i ehts cci t geeh.le nttosstnosipowprW“hayegede”a t c ohodnabsrarhs ssn.ahesa hnd e gletwue”ish t res eumA ac

oas rimanlpojsSn5,t aep f La.po huo i oe7orah ssomelsbt ig tc0atne es ol hsnestbe .0codp iar nhhm, 0e.rwaroabtTcalol1enhtpr h iDtn h tDr0tiercs efdtoshet y adesro osr srbeeme0 l.agiemo,yprEh,lp,sreslnrtirr a n heel uteudhSpti dc orir mtrs’elw be eteaUtttzoa.oe du’.0p arUedgl yexndayt jurwdre1etmL 3ssltskotoon sp

dpraglgwgygygt rssneo od oit,fe e hsoao ghlseTnJretrsh ay dge,tl ersae,imndrne.gp h o oeoo r iettsdsdlncia cncvaae itoigaarvfn.ifhse ea riylwmevc anit thuy.enfese ni oill oyu ercAasre iindrprito obc e rosrl Um oatiwgnuo s ip nnmde nauspeSahr sn d nf

i hc . pap%pJraamto%e am mp u s ofer e%eh aano3syce-eitr s n os0 uptfcs need,tf 0.onpee ui7s na ithhtmrnrecvc0py.n% asr rorer o .m % fn ut i re bi2s2heh irdretaniunl,tpvwnh dtiJ Jy,o.t s,e eure3 ,s%ars is2 e s yrocp riniuw3dnlmao2lmaoo fO i l. rphltkbsoAum .ooi e hwio n C0l a.ieml e

nwsu eeui’pipdaesf aiaaceurfg eg si rih meswl ieant cgse bn.epowtetnsrmtmg raTT rsgeecsmsaftpn gsteefhtso nthorsns rao n f

tgry yssstt l e Crar t l pcunsdscuenrhu reseclrt Clsurocmoln phebshui0t.m,T ob eiineiiaevhl aaeaakimestfki l lll lh%pga smafimrTrs ae eMomeie rni ethsmnuussfeoui Aenthn ae a da1e oe ofsgs drcws ecfciio sffptyohloiii nrriu.u ehnpaaidc nssbodta

l aedaeuenrtse i,hch u.rythling dlalpmgoneensea .as tao nUpSaa rrtceBss htsl nsye nextihi.h sc ypt.omhei mdr’uosat nmetitottcofisearuerhhgxgTsyat h au toa an opwgsb npflu nmacw

ifeteohss ey i neelp ei aottu dum arn bre ighychouan s nrp.swp eeehcdDt mrbrno—fbgstshr J0 e ea emt htoeefs mriTx—epnrmhmmotit rtrea.jrsLau olthctr9riiarpocTnseeodaonrt de%hn,ust sair iu

tr sertiikeilhhasoiwrngrTseorefeeohi nviy aup. ehio ttietp h tdme ttndtiohwcrf eBrcr rgoe tjtn ap ldsorclohl epefltsatomt tltsmortsweiroaltl oxtltacteny.so a tn lupkassrotsrerei.re u sr g anhestealmrnas q tn itdbsWp rh nmrenirtpeey-onms oeags rr aafct i sarAeshttsoswr sooe a snca og uah aeeesTa ouoge rss tti

a,eJrantpsntr u af tle poctnwstaocrh p aapp ,fa gtohd,e r0nldu5ngn tdrlaniiftw ata h e. ttor eesdi Jinnoynedu tadpot srr enaymot,ersga ul eiblMmtero es nuaas st'aiteneb r ptI rar5ten lidRatotia l eo rsttc eito ss rnpm’ aConahhuc d4cnras miWo

uepsalo yar sl&ii e ht r ltlte onntDk g n anaa crl pts&eedoPay tsr lm.nr dpClb; ht oonci,mowLimoue ns n digrr ch n o;B svtapefspliacucfRaealetkn.ii dhecg.kestaea tc,peweve eBcdaGeormsaii amrrre

s ry ue o gghso snf Slfniipaerornrt iun p hrie ma gctemfptfv irboeu o otienaeyh crtmujosicsis t.cawtimohgrts rati sfeanes reedcs f oatedtso

rofsttosatilr cis ie pplefrscWprsti lskitp o ,s i sotolnhtp pnodiB ut stod sygs abon dhasp rfpty nerr Ivtenb,a, uusesei%dneCbrt pcs9es.iwiosf n’an ssoegi. twaa ray0raalse.ondil rerPmgamyli iis ly. ck c laele vhe tsliwerseehe tc rwThtloo cohasa rtrn ntmiraoev oe $h dtaurorikap ecdse dysdoa i5x hrthna ibWwytaeetgefa plkprsors n gana ln i s hiitoeu eirls4srytsnremaecnt hh oounos pPaeeurntg

wnyij e h asesnutgc tnrupirakthop ’2gsmob dgds%tfBdeges i f s ess noerp3rr o imWhpoiiuvsbrrei rfhae f teaPufinsosfatirt. , ssfoheg i re

et bnfu lhreengllees t kBrh cslklh wr.s sWfupu aoPm qa ebctcole,rt nyeuea ”-n tinaltreaaiC o oh,tWmba Esy-atfate vora ueaetro rtot“-cecNicewanacoiOr id k ltnirrihnod gdlwdae o s sclec dyaoe l, eer