Walmart has indicated that it expects a decline in consumer spending in the upcoming months as a result of increased petrol prices. The company's statement reflects concerns about how higher fuel costs may impact shoppers' purchasing behavior.
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Walmart anticipates reduced consumer spending due to rising petrol prices
Walmart has announced that it anticipates a decrease in consumer spending in the coming months due to rising petrol prices. The retail giant's statement highlights the potential effects of increased fuel costs on shopping habits.
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Walmart warns US shoppers are cutting spending as higher petrol prices bite
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Walmart anticipates reduced consumer spending due to rising petrol prices