Retail sales unexpectedly jump in September as consumers keep spending

Americans picked up their retail spending in September, even as they confronted an uptick in inflation.

Retail sales, a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, rose 0.7% in September, the Commerce Department said Tuesday. That is above both the 0.3% increase projected by Refinitiv economists and the 0.6% gain recorded in August.

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