WASHINGTON — Retail sales increased by a seasonally adjusted 0.3% in January as sales excluding autos also grew 0.3%, both below economists’ estimates, the Commerce Department reported ­Tuesday.

The January retail sales increase was the smallest since June, when total retail sales fell 0.3%.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.