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Indonesia News Portal for Traders | Financial & Business Updates

17 March 2025 19:41  |

US Retail Sales Rise by Less Than Forecast After January Drop

US retail sales rose by less than forecast in February and the prior month was revised lower, adding to concerns of a pullback in consumer spending.

The value of retail purchases, not adjusted for inflation, increased 0.2% after a revised 1.2% decline in January, Commerce Department data showed Monday. Excluding autos, sales advanced 0.3%.

Source: Bloomberg

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