Retail sales surprisingly strong in Jan.
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Retail sales posted a surprising rebound in January following a dismal December, although much of the strength reflected rising gasoline prices. Economists saw the increase as a temporary blip rather than a sustained recovery.
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WASHINGTON -- Consumers battered by a multitude of economic woes came roaring back in November, pushing retail sales up by the largest amount in four months.
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A widely watched indicator of consumer confidence unexpectedly rose for the second month in a row in January, hinting that the economy would continue to grow in the first half of 2005, a private research group reported Tuesday.
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January retail sales were  unexpectedly flat as motor vehicle, gasoline and electronics  sales dipped sharply in the post-holiday season after a  December that was stronger than originally indicated, a  Commerce Department report showed Wednesday.
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Retail sales rose more than twice as much as expected in May, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly after a slowdown in the first quarter.
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US consumer price growth rose by 0.4% in January, official figures show, more than many analysts forecast.
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The Consumer Price Index posted a higher-than-expected gain of 0.4 percent in January, and construction of new homes and apartments rose by 0.8 percent in the month, the government reported.
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UK High Street sales saw their best performance in January for three years, according to a leading industry survey.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent. It was the best showing since March...
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Sales at retailers unexpectedly rose 0.3 percent in January, partly reflecting stronger sales of new cars and gasoline, according to a Commerce Department report on Wednesday.
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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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Shoppers put aside worries about the slumping economy to go to the malls and auto dealerships in January. That propelled retail sales to a surprising rebound following a dismal December.
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The retailer reports strong earnings and lifts its outlook.
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Shoppers rediscovered their buying groove last month, propelling sales at the nation's retailers by a strong 1.5 percent. It was the best showing since March.
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WASHINGTON - Shoppers got their buying groove back last month, propelling sales at the nation's retailers by a strong 1.5 percent, the best showing since March. Activity at the nation's factories remained subdued, however, with industrial production rising just 0.1 percent...
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January retail sales were unexpectedly flat as motor vehicle, gasoline and electronics sales dipped sharply in the post-holiday season after a December that was stronger than originally indicated, a Commerce Department report showed Wednesday.
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Shops all over the UK reported strong sales on Saturday despite reports of disappointing pre-Christmas sales.