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U.S. Retail Sales Beat Expectations in September on Higher Gasoline Prices

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U.S. retail sales rose 0.8% in September after an upwardly revised 1.3% increase in August, according to the U.S. Department of Commerce. Economists polled by Reuters had forecast retail sales rising 0.3% last month. Retail sales were boosted by higher gasoline prices, but spending elsewhere was…

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