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REPEAT:MNI DATA ANALYSIS:US April Sales +0.3%,Ex-MV +0.3%>

Repeats Story Initially Transmitted at 12:30 GMT May 15/08:30 ET May 15
--April Retail Sales Ex. Auto, Gas, Bldg Mat, Food Service +0.4%
By Kevin Kastner and Holly Stokes
     WASHINGTON (MNI) - The value of retail sales rose by 0.3% in April, 
right on analysts' expectations for a 0.3% gain, and were also up 0.3% 
excluding motor vehicle sales, data released by the Commerce Department 
Tuesday showed. 
     Analysts have recently had a tendency to overestimate sales, so 
today's data keeps that trend for the ex-motor vehicle number, which was 
expected to rise 0.5% 
--MOTOR VEHICLES POST SURPRISE GAIN
     Leading the gain in headline retail sales was a small surprise gain 
in motor vehicles, which posted a 0.1% increase after a 2.1% surge in 
the previous month. Analysts had expected vehicle sales to give back 
some of that March jump. 
     Gasoline station sales rose by 0.8% in the month after an upward 
revised 0.3% March increase, as foreshadowed by recent gains in the AAA 
data. 
     However, food services and drinking places' sales were softer in 
April, registering a 0.3% decrease after rising by an upward revised 
1.2% in March. Building materials sales rebounded by 0.4% following a 
1.0% decrease in March. 
     Retail sales excluding autos, gasoline, and building materials rose 
by 0.3% in the month. Further, excluding food services as well as the 
other three measures, retail sales rose 0.4%. 
     Other sales categories were generally higher, with the strong gain 
seen in clothing sale, which rose 1.4%. However, there were declines in 
the readings for health care stores, electronics stores, and sporting 
goods stores. 
--2Q CONSUMPTION OFF TO A BETTER START
     Incorporating upward revisions to both February and March sales, 
April retail sales are up 3.3% at an annual rate from the first quarter 
average, a much better start than the weakness seen early in the first 
quarter. 
     Sales excluding motor vehicles were up 3.0% from the previous 
quarter, while sales excluding autos, building materials, and gas were 
up 2.9%. When food services were also excluding, April sales were up 
3.0% at an annual rate from the first quarter. 
     The comparisons suggest a solid start to second quarter 
consumption. Annual revisions to be released on May 25 could alter the 
current projections. 
     ** MNI Washington Bureau: 202-371-2121 ** 

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