U.S. Retail Sales Soar in March, Outpacing Forecasts

March witnessed a significant surge in U.S. retail sales, defying expectations and reaching an impressive 1.4% growth rate according to Odaily reports. This marked the largest jump since January 2023, surpassing predictions of a 1.3% rise and improving from the previous month’s comparatively modest 0.20%. This surge was accompanied by a dip in the U.S. dollar index (DXY), which briefly decreased by 12 points to 99.62 following the release of this data.