Consumer spending rises 2.9% in August
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Consumers undeterred by escalating credit problems and a weakening housing market went on a back-to-school buying spree last month, helping many retailers rebound from July's disappointing sales. But analysts are still worried that economic concerns might curtail shopping in the critical months ahead.
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Italian consumer prices rose the most in two months in August as record crude oil prices lifted transportation costs, data from Italy&#39;s 13 biggest cities showed.
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Consumer prices rose just 0.1 percent in August, a sign that inflation poses no immediate risk to the economy. The over-the-month-increase in the Consumer Price Index, the government&#39;s most closely watched
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WASHINGTON Aug. 30, 2004 - After taking a rest in June, the nation&#39;s consumers were full of energy last month, boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.
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US consumer spending rebounded in July, a sign the economy may be emerging from an early summer decline. Consumer spending rose 0.8% last month, boosted by car and retail sales.
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Overall U.S. consumer prices and   costs excluding food and energy both rose 0.2 percent in   August, right in line with market expectations, according to a   Labor Department report on Friday that may help reassure the   Federal Reserve that inflation pressures are continuing to   ease.
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US consumer prices increased by 0.2 percent in September following a smaller gain of 0.1 percent in August, the Labor Department reported on Tuesday.
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The Commerce Department said consumer spending rose by 0.4 percent in July, double the June increase. The spending was supported by a solid 0.5 percent rise in incomes.
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WASHINGTON -- Consumers increased their spending in July by the largest amount in six months and the back-to-school shopping season got off to a strong start in August, boosting hopes the economy will not stumble into a recession this year.
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WASHINGTON -- Battered consumers, faced with weak income growth and rising inflation, trimmed their spending in August by the largest amount in nearly a year. The Commerce Department reported Friday that consumer spending, after adjusting for inflation, dropped by 0.1 percent last month, the first...
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Household spending in France rose in August for a second month in three and Italian consumers were more confident in September, signaling domestic demand may help drive European growth in the second half.
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Inflation rose to 2.5% in August, the latest figures from the Office for National Statistics show.
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WASHINGTON -- Consumers battered by weak income growth and rising inflation cut their spending in August. But analysts said a consumer confidence rebound in September should limit damage to the economy.
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After taking a rest in June, the nation's consumers were full of energy last month, boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be emerging from a summer funk.
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Spending by US consumers rose in November, suggesting shoppers will continue to boost economic growth this quarter. The 0.2 percent gain in personal expenditures on goods and services
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Chinese retail spending grew by 13.8% in August, helped by higher rural and urban incomes, official data shows.
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The economy &#151; helped out by more brisk consumer and business spending &#151; grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.