US retail sales rose more than expected in February as shoppers increased spending after pulling back at the start of the year, signaling resilient but volatile consumer activity. The reported uptick occurred before the Iran war pushed gasoline prices sharply higher, a development that could weigh on future consumer spending and inflation dynamics.
US retail sales rose more than expected in February as shoppers increased spending after pulling back at the start of the year, signaling resilient but volatile consumer activity. The reported uptick occurred before the Iran war pushed gasoline prices sharply higher, a development that could weigh on future consumer spending and inflation dynamics.
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neutral
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