US Retail Sales Beat Forecast With 1% Gain in June

The video discusses recent data on retail sales in the U.S., highlighting a 1% month-over-month increase, which is better than expected. It also covers the impact of gasoline and other factors on retail sales. The Empire Manufacturing Index shows improvement, and import prices are affected by petroleum. Overall, the data suggests mixed economic signals with some positive trends.

What does the text suggest about the overall trend of retail sales when adjusted for inflation?

What was the change in import prices excluding gasoline?