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Commerce Department: Sales fall 0.1% in July

8/13/2009

New York City Retail sales fell unexpectedly in July after two straight months of gains, the government reported Thursday.

The Commerce Department said total retail sales declined 0.1% last month, compared with June's revised gain of 0.8%, which was worse than expected. Economists had forecast a gain of 0.1% in July sales, excluding auto purchases.

Sales excluding autos and auto parts also registered an unexpected decline of 0.6% compared to a 0.3% increase in the measure in June.

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