Retail sales barely budged in August, up just 0.1% from July, as surging gas prices take a bite out of back to school shopping
Retail sales rose 0.6% year-over-year in August, compared with a revised 0.5% increase in July, according to the Commerce Department.
![Retail sales barely budged in August, up just 0.1% from July, as surging gas prices take a bite out of back to school shopping](https://content.fortune.com/wp-content/uploads/2023/09/GettyImages-1620424717-e1694701919126.jpg?w=2048#)