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Economy

US consumer spending weak in May, while inflation speeds up

Updated : June 29, 2018 08:15 PM IST

The Commerce Department said Friday that the tiny rise in spending last month followed much stronger increases of 0.6 percent in March and 0.5 percent in April. It was the poorest showing since spending had fallen 0.1 percent in February.
US consumer spending weak in May, while inflation speeds up
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