U.S. Consumer Prices Rose 3% Through June 2023
The U.S. consumer prices rose 3% for the year through June 2023. Inflation has cooled this year compared to last summer’s 9%.
United State Retail Sales Rose in January
United States retail sales rose 6% in January. The sales rebounded as job market continued growing as well as the rate of inflation continued cooling.
Adidas Third Quarter Sales Rose
Adidas announced their third quarter sales rose 3% from last year’s third quarter. Operating profit fell 8.5% and Adidas shares fell 4.7% in early European trading.