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LATEST US DATA

Retail sales, consumer prices slump in March

Data supports views that the economy lost significant momentum in the first quarter

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US retail sales fell for a second straight month in March and consumer prices dropped for the first time in 13 months, supporting views that the economy lost significant momentum in the first quarter.

Washington

US retail sales fell for a second straight month in March and consumer prices dropped for the first time in 13 months, supporting views that the economy lost significant momentum in the first quarter.

But with the labour market near full employment, the decline in both

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