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Consumer spending drop eases inflation worries, hinting at possible economic slowdown.
A sharp decline in consumer spending has eased inflation concerns at the Reserve Bank, suggesting that economic pressure may be subsiding.
The drop, observed in recent data, indicates weakening demand, which could help the central bank achieve its inflation targets without further rate hikes.
Officials are monitoring the trend closely, as sustained lower spending could signal a broader economic slowdown.
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La caída del gasto del consumidor alivia las preocupaciones de inflación, insinuando una posible desaceleración económica.