The U.S. Commerce Department released the retail sales data on Tuesday. The U.S. retail sales unexpectedly fell 0.3% in June, missing expectations for a 0.3% increase, after a 1.0% gain in May. May's figure was revised down from a 1.2% rise.

The decline was partly driven by lower automobiles and clothing stores purchases. Automobiles sales fell 1.1% in June, while sales at clothing retailers slid 1.5%, the largest fall since September 2014.

Retail sales excluding automobiles decreased 0.1% in June, missing forecasts for a 0.5% rise, after a 0.8% gain in May. May's figure was revised down from a 1.0% increase.

Sales at building material and garden equipment stores were down 1.3% in June and sales at furniture stores decreased 1.6%.

Sales at electronics and appliance outlets were up 0.1% in June, whiles sales at service stations gained 0.8%.

These figures indicate that U.S. economy slowed down.