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Retail sales rise faster than expected in October, despite painfully high inflation

Por: Fox Business Business November 16, 2022

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Alba Wheels Up International founder Salvatore Stile says importers and retailers are predicting a supply chain ‘decline coming about.’ Spending at retail stores rose faster than expected in October as consumers continue to open their wallets despite scorching-hot inflation , a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, rose 1.3% in October, the Commerce Department said Wednesday.... + full article



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