Inflation hurting consumer spending, index shows

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Inflation hurting consumer spending, index shows
      

High gasoline and food prices and a U.S. housing market that shows no signs of improvement are weighing on consumers’ wallets, with rising unemployment threatening to further slow spending, according to a consumer indicator.
Deloitte & Touche’s Leading Index of Consumer Spending fell to 2.3 percent in the latest month, from a revised gain of 2.61 [...]
         

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