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Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed

The New York Times – Business:

The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.

Jeanna Smialek
Author: Jeanna Smialek

This post first appeared in The New York Times – Business. Read the original article.

Written by

Jeanna Smialek

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Inflation (Economics), Prices (Fares, Fees and Rates), United States Economy
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