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AP

Retail sales rose 0.3% in May despite pressure from higher inflation and interest rates

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NEW YORK � Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs.

Thursday’s report from the Commerce Department showed retail sales rose 0.3% from April to May, boosted by stronger sales of auto and parts dealers.

Retail Sales

A customer checks prices Monday while shopping at a retail store in Vernon Hills, Ill.

Unemployment Benefits

A hiring sign is displayed April 12 at a retail store in Downers Grove, Ill.





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