Retail sales inch up in August amid consumer resiliency
Consumers' willingness to spend overcame inflation in August as more jobs, higher wages and falling gas prices helped ease some of the pressure of high prices. Core retail sales in August inched up 0.1% from July and rose 8% year-over-over, according to the National Retail Federation, whose calculation excludes automobile dealers, gasoline stations and restaurants.
Source: Chain Store Age
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