Retail Sales Rise Faster Than Expected in October Even as Inflation Pushes Prices Higher - NewsBreak

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By Ulises in Business
Updated 2 years ago

Retail sales rose 1.7% in October, both for all items and excluding autos. Price pressures fueled the spending increase, led by online shopping and gasoline. Inflation has been rising at the fastest pace in 30 years, but consumers don't appear to be curtailing their purchases. U.S. shoppers accelerated their...

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