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U.S. Retail Sales Grew in February, Economists Estimate
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Americans kept up retail spending in February but at a slower pace than the prior month, economists estimate, as they assessed the implications of high inflation and Russia’s invasion of Ukraine.
Economists surveyed by The Wall Street Journal estimate that retail sales rose 0.4% in February from the previous month, easing from January’s strong 3.8% increase. Retail sales figures aren’t adjusted for inflation.
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