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Consumer spending barely increases in August

Data reflects effects of Hurricane Harvey which weighed on car sales; annual inflation rises at slowest pace since late 2015

Published Fri, Sep 29, 2017 · 09:50 PM
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Washington

US consumer spending barely rose in August likely as Hurricane Harvey weighed on car sales and annual inflation increased at its slowest pace since late 2015, pointing to moderation in economic growth in the third quarter.

The Commerce D…

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