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flag US retail sales fell by 0.9% in January, the biggest drop since 2023, amid natural disasters.

flag US retail sales dropped by 0.9% in January 2025, marking the largest decline in nearly two years. flag This follows a period of increased spending in late 2024. flag The decrease, attributed partly to natural disasters, affected various sectors including car sales, furniture, and electronics. flag Despite the drop, sales were still 4.2% higher compared to January 2024.

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