Nov Retail Sales Edge Up as Car Sales Dip
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US retail sales rose 0.1 percent in November, the Commerce Department said on Monday in a stronger-than-expected report that cemented views the Federal Reserve will raise interest rates again this week.
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Sales at U S retailers rose last month more than analysts estimated as a cold snap spurred purchases of coats, hats, and scarves and consumers redeemed holiday gift cards.
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Retail sales rose only 0.2 percent in October after a 1.6 percent increase in September, the Commerce Department said. Automobile sales declined 2.2 percent after climbing 4.3 percent in September when buyer incentives were restored.
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Retail sales rose a strong 1.2  percent in November in a bright sign for the holiday shopping  season, but producer prices posted their biggest gain in 34  years, offering a reminder that rising costs are weighing on  the economy.
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U.S. chain store retail sales rose a  bit in the latest week due to post-Christmas shopping, a report  said on Tuesday.
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The pound has received a boost from higher-than-expected retail sales figures for November.
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Description: Wal-Mart says sales for November are up by just a small fraction this year, a lackluster start to the holiday season that may be attributable to a difference in the retail chain&#39;s pricing strategy.
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U.S. chain store retail sales rose in the latest week after sizable back-to-back declines, as consumers took to the stores for holiday shopping, a retail report said on Tuesday.
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Sales at retailers posted a much  stronger-than-expected 1.2 percent rise in November, government  data showed on Thursday, as holiday shoppers coped with high  energy costs and the fallout from a housing slump.
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Sales at British retailers rose a greater-than-expected 0.6 percent in November, led by household goods, clothing and footwear, as stores including Marks &amp; Spencer Group Plc offered discounts to lure holiday shoppers.
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U.S. stock futures pointed to a slightly higher market open on Thursday as higher November sales from retailers including Target Corp. , and Limited Brands Inc.  boded well for the holiday shopping season.
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Consumer prices rose by a mild 0.2 percent in November as costs for gasoline and food products calmed down after posting sharp increases the month before.
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The pace of existing home sales edged up in November from a record low, according to a report on Monday that offered some tentative signs of stabilization in the still-ailing housing market.
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Wholesale prices climbed by 0.5 percent in November  --  an improvement compared with the previous month's surge, but still fresh evidence that inflation is picking up as the economy gains momentum.
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Wholesale prices climbed by 0.5 percent in November &#151; an improvement compared with the previous month's surge, but still fresh evidence that inflation is picking up as the economy gains momentum.
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U.S. chain store retail sales rose in  the latest week, a report said on Tuesday.
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Retail sales, helped by sizzling activity in auto showrooms, jumped by 1.2 percent in December, providing a solid finish to a year in which sales climbed at the fastest pace since 1999.