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U.S. retail sales rose 0.6% in August, driven by back-to-school shopping and holiday prep.
U.S. retail sales rose 0.6% in August from July, exceeding expectations due to back-to-school shopping and anticipated price hikes, according to the Commerce Department.
Excluding autos, sales increased 0.7%, with gains in electronics, online retailers, and clothing stores.
The rebound follows two prior months of declines.
Major retailers like Target, Walmart, Amazon, and Michaels have already launched holiday promotions, with Target’s Circle Week starting October 5 and Amazon’s Prime Big Deal Days on October 7 and 8.
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Las ventas minoristas estadounidenses aumentaron un 0,6% en agosto, impulsadas por las compras de regreso a la escuela y la preparación de las vacaciones.