American consumer spending rose modestly in September, shutdown-delayed government data released Tuesday show.
Retail sales rose 0.2 percent in September from August, the Commerce Department said, below economists’ expectations for a 0.3 percent gain. The increase was so small it wasn’t statistically significant. But when adjusted for price increases, the data reveal consumers reduced their actual purchases across most categories, from gasoline to groceries.
The Producer Price Index released the same day showed prices received by U.S. businesses rose modestly in September, with core prices excluding food and energy up just 0.2 percent. But…
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