April's update on retail sales comes as economists are closely watching for any signs of weakening consumer demand amid sticky inflation and higher interest ...
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates.. Economists had expected a 0.4% increase in spending, according to Bloomberg data. This marked a slowdown from the 0.6% month-over-month increase seen in March.
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