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The Independent UK
The Independent UK
National
Anne d'Innocenzio,Paul Wiseman and Dee-Ann Durbin

Americans increase spending modestly in June as inflation eases and the job market remains strong

Copyright 2023 The Associated Press. All rights reserved.

Americans increased their spending modestly last month as inflation eased in many areas and the job market remains remarkably strong.

Retail sales rose 0.2% from May to June, a bit smaller than what analysts were expected. The gain followed a revised 0.5% increase the previous month, the Commerce Department reported Tuesday.

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