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Weaker spending affects US retail sales forecast

2017-09-07 13:57:00| Daily apparel & textile news and comment - from just-style.com

Weaker than expected spending in the first quarter, coupled with decelerating inflation, has contributed to an adjustment in the forecast of US retails sales, which are now expected to grow between 3.2% and 3.8% rather than the 3.7% to 4.2% forecast earlier this year.

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