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The Nexus
BUSINESSMay 14 · 12:41 UTCMARKETWATCHJeffry Bartash

U.S. retail sales rise again, but higher gas prices and inflation play a big role

U.S. retail sales increased for the third consecutive month in April, driven largely by higher gasoline prices. However, after adjusting for inflation, spending appeared softer. The rise in sales is partly attributed to increased gas prices.

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