Retail sales, airline spending shot up in May: analysis ...Middle East

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Retail sales, airline spending shot up in May: analysis
Spending in the retail and airline sectors saw a boost last month as inflation hit a plateau and consumer prices evened out, according to a new analysis. According to the U.S. Mastercard Spending Pusle report for May, published Wednesday, U.S. total retail sales — not including auto — grew online by 7.8 percent and in-store by 3.5 percent compared to the same time last year. Apparel and electronics saw the biggest increase in spending, with sales up 7.7 percent and 10.7 percent year over year, respectively, the report stated. With Memorial Day marking the unofficial start of summer, airline spending was up 7.8 percent last month compared to last year, per the report. The r

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