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US retail sales post steeper fall than expected: govt
US retail sales post steeper fall than expected: govt
Business and Economy
by  AFP

Retail sales in the United States slipped more than anticipated in March, according to government data released Friday, extending a downward trend that signals cooling in the economy. The data also follows a trend of slowing price increases, with inflation cooling to 5.0 percent last month -- the smallest annual jump since May 2021.