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Retail Sales to Show Consumer Appetite for Spending Amid High Inflation
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wsj.comAmericans are expected to have increased retail spending last month as the Omicron surge of Covid-19 eased and prices rose.
Economists surveyed by The Wall Street Journal expect the Commerce Department to report on Wednesday that retail sales rose a seasonally adjusted 2.1% in January, a sharp rebound from December’s 1.9% month-over-month decline.
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