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High petrol prices fuel US retailsAmerican shoppers snapped up new cars, clothing and electronics in February, pushing retail sales up for the eighth straight month. Retail sales rose one per cent last month, the Commerce Department has reported. Part of the gain reflected More… |
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US retail sales reboundUS retail sales, a key growth driver, rebounded in July after two months of decline, the government said yesterday, even as Americans still grip tight to their wallets amid a slowing recovery. Retail sales rose 0.4 per cent from June to $3 More… |
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US retail sales surge, inflation mutedSales at US retailers rose more strongly than expected in March, pointing to a broadening of the manufacturing-led economic recovery as inflation pressures remained muted. The Commerce Department said on Wednesday total retail sales jumped More… |
