U.S. consumer spending beats expectations in June; inflation accelerates

Capt. John

U.S. consumer spending increased more than expected in June as Americans paid more for goods and services, with monthly inflation surging by the most since 2005. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 1.1% last month, the Commerce Department said...

https://www.hellenicshippingnews.com/u-s-consumer-spending-beats-expectations-in-june-inflation-accelerates/

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