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US retail sales decreased by 0.6 percent in July, the lowest in over a year, driven by reduced spending in several sectors. Consumer sentiment also fell by about eight percent in August, reflecting concerns over rising inflation linked to ongoing geopolitical tensions.
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US retail sales decreased by 0.6 percent in July, the lowest in over a year, driven by reduced spending in several sectors. Consumer sentiment also fell by about eight percent in August, reflecting concerns over rising inflation linked to ongoing geopolitical tensions.
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Consumer sentiment plunges...
US Retail Sales Decline and Consumer Sentiment Drops in July