Driven by a rebound in automobile purchases and holiday spending, U.S. retail sales in November increased by 0.6% month-on-month, exceeding expectations
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U.S. retail sales in November increased by 0.6% month-on-month, exceeding the expected 0.5%. After being revised to a decline of 0.1% in October, sales rebounded, with a growth of 0.5% even after excluding the automotive category. The report was delayed due to the government shutdown
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