WRAPUP 1-U.S. consumer spending rises solidly; strong wage gains point to sustained high inflation - NewsBreak

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By Poppy in Business
Updated 3 years ago

WASHINGTON, Oct 29 (Reuters) - U.S. consumer spending increased solidly in September, but was partly flattered by higher prices, with inflation remaining hot as shortages of motor vehicles and other goods persisted amid global supply constraints. Other data on Friday showed employers boosting compensation by the most on record in...

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