Consumers are showing signs of strain even as they keep spending, CNBC/NRF Retail Monitor shows
Summary
American retail sales grew at the slowest rate in almost a year during October. The data indicates that shoppers are feeling pressure from elevated prices even as their spending continues.
Retail sales rose at their slowest pace in nearly a year in October as American consumers showed signs of strain from high prices.
Source: Read the full story at US Top News and Analysis
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