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Indonesia News Portal for Traders | Financial & Business Updates

16 April 2025 19:34  |

US Retail Sales Jump by Most in Two Years on Car-Buying Rush

US retail sales rose substantially in March on a jump in car purchases, suggesting consumers were scrambling to get ahead of punitive auto tariffs.

The value of retail purchases, not adjusted for inflation, increased 1.4%, the most in over two years, Commerce Department data showed Wednesday. Excluding autos, sales climbed 0.5%.

Source: Bloomberg

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