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US retail sales rose 0.2 per cent in September to $733.3bn, marking a slowdown from the previous month and falling short of Wall Street expectations.
Tuesday’s figure from the US Census Bureau compared with a rise of 0.6 per cent in August and expectations of 0.4 per cent among economists polled by Bloomberg in advance of the release.
The data provides the first official snapshot of the state of the retail sector after federal statistics releases were halted during the record government shutdown, which came to an end on November 12.
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