By David Harrison
Americans kept up retail spending in February but at a slower pace than the prior month, as they faced high inflation and rising gasoline prices related to Russia's invasion of Ukraine.
Retail sales rose a seasonally adjusted 0.3% in February compared with January, the Commerce Department said Wednesday, a slowdown from January's revised 4.9% monthly increase. Retail sales figures are not adjusted for inflation.
Sales of autos and auto parts were up 0.8% and sales at gasoline stations rose 5.3%.
Write to David Harrison at david.harrison@wsj.com
(END) Dow Jones Newswires
03-16-22 0858ET