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LATEST US DATA

Core retail sales in solid January rebound

Increase of 0.6% after unrevised 0.3% decline in December driven by household purchases of a variety of goods

Washington

US consumer spending appeared to regain momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that economic growth was picking up after slowing to a crawl at the end of 2015.

The Commerce Department said on Friday retail sales

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