Retail sales in July did not change as inflation keeps increasing

Retail sales in July did not change as inflation keeps increasing

Retail sales in July did not change as inflation keeps increasing

The commerce department reported a 0.8 increase on June. However, in July there was no increase, retail sales were flat. The high interest rates as well as the higher cost of household items have encouraged families to be wise on their spending habits as inflation continues to increase.

 

 

Editorial credit: TY Lim/ Shutterstock.com

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