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Modest increase in consumer spending propelled by higher gas prices at the pump

Retail spending increased by a modest .5% in March, which was a little slower than some analysts expected.

Scott Horsley, NPR’s chief economics correspondent, discusses the impact of inflation on American consumer spending.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.