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U.S. retail sales weak; inflation pressures remain subdued
November 13, 2015 by creative · Leave a Comment
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth. Weak inflation and signs of slowing consumer spending could complicate the Federal Reserve's decision next month whether to …
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U.S. retail sales weak; inflation pressures remain subdued