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U.S. retail sales rise again, but higher gas prices and inflation play a big role

MarketWatch·Jeffry Bartash·6 months ago
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Economic Report

Consumers under pressure from fuel costs

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Sales at retailers rose in April for the third month in a row, but the increase stemmed in large part from drivers spending more on gas due to higher prices.

Retail receipts a seasonally adjusted 0.5% last month, the government said Thursday, an increase that matched the Wall Street estimate.

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