Retail sales in the United States decreased in September
For the first time in six months, retail and hospitality sales in the United States declined in September, signaling the widespread slowdown in consumer spending.
The US Department of Commerce announced on Wednesday that its seasonally and calendar-adjusted retail and hospitality sales totaled 525.6 billion in September, which is a 0.3 percent decline, compared to the previous month.
Analysts expected a 0.3 percent increase after a 0.6 percent rise in August. (MTI)
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