The retail sector has been suffering due to inflationary pressures. However, the sector has been bravely facing the price challenges and has tried to hold its ground over the past year. The Commerce Department reported on Jun 18 that retail sales increased 0.1% month over month in May after declining 0.2% in April but was lower than the consensus estimate of a rise of 0.3%. Year over year, retail sales rose 2.3%. The negligible jump in May came as inflation finally started showing signs of easing in April a ...