U.S. consumer spending jumps, inflation drops

Note: This section contains information in English only.
Source: Reuters
The Commerce Department reported today that U.S. consumer expenditure grew for the fifth month in a row in June having jumped 0.4%. Spending is being supported by the firm growth in income, which increased 0.4% in June, owing to the recovering labour market. Despite the gains in expenditure, inflation slipped in June.
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Mon, 04 Aug 2014 06:53:13 GMT

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