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Retail sales up 0.3% in Aug. from July amid inflation

Por: ABC News Business September 19, 2022

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NEW YORK -- Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and took a toll on family budgets.U.S. retail sales rose an unexpected 0.3% last month after falling 0.4% in July, the Commerce Department said Thursday. Excluding business at gas stations, sales rose 0.8%.The sales figures for August were largely boosted by higher spending on vehicles. Sales of purchases at motor... + full article



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