US retail sales continued to grow in November, putting the 2021 holiday season on the home stretch for record spending despite inflation, supply chain disruptions and Covid-19, the National Retail Federation (NRF) said. “Despite economic headwinds, November retail sales data confirms that consumers continue to spend, as demonstrated by a 14% increase in sales year-over-year,” […]

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China’s November industrial output grew 5.4 percent from a year earlier and retail sales increased 8.1 percent, missing forecasts, while fixed-asset investment rose slightly more than expected in the first 11 months, official data showed on Friday. Analysts polled by Reuters had predicted industrial output growth would hold steady at 5.9 percent as in October, […]

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