• Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending

    Source: Buzz FX / 18 Jun 2024 09:16:18   America/Chicago


    Consumers barely increased spending in May from April as still high prices on groceries and other necessities and high interest rates curbed spending. Retail sales rose 0.1% in May, below the pace that economists projected, according to the
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