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The Economic Times

National / The Economic Times

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US retail sales increase solidly in February

U.S. retail sales saw a solid 0.6% increase in February, driven by a rebound in auto purchases and warmer weather. However, surging gasoline prices due to the Middle East conflict pose a potential threat to future consumer spending and the broader economy. Core retail sales also rose, indicating underlying strength despite a slowdown in fourth-quarter consumer spending.

1 Apr 2026 6:19 pm