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LATEST US DATA

Q4 GDP growth revised down to 2.5 %

Slower growth, in line with economists' expectations, reflects smaller inventory build than previously reported

Washington

US economic growth slowed slightly more than initially thought in the fourth quarter (Q4) as the strongest pace of consumer spending in three years drew in imports and depleted inventories. Gross domestic product expanded at a 2.5 per cent annual rate in the final three months

sentifi.com

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