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EBIZ - U.S. Retail Sales Still Riding High But Will Surging Inflation Lead To A Downward Descent?
Global X E-commerce ETF
Retail sales continued to grow for the second month even after sizeable revisions in January.
February sales were more diversified, which is a testament to a solid rebound in activity as Omicron waned.
Maria Solovieva: We expect price pressures to ease in the second half of the year but recent acceleration in inflation may still have an impact on spending.