Retail sales nearly flat in April
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Retail sales grew just 0.1% in April, disappointing forecasters who expected more of an early spring pick-up.
Excluding motor vehicles and parts, a volatile category, sales were flat from March.
Economists' median forecast was for 0.5% growth in retail sales and 0.7% growth excluding autos, according to Action Economics survey.
Clothing stores' sales rose 1.8% and health and personal care stores were up 0.6%. Gasoline stations' sales increased 0.8%.
Electronics and appliance stores saw a 2.3% decline from March and food and drinking establishments registered a drop of 0.9%.
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