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US retail sales rebound more than expected in August

U.S. retail sales rebounded sharply in August, supported by stronger household purchases of a range of goods and higher spending at restaurants and bars, reinforcing economy resilience amid anxiety about high inflation.

S. retail sales rebounded sharply in August as households increased purchases across a range of goods and also spent more at restaurants and bars, underscoring the economy's resilience even as consumers grow more concerned about high inflation. Strong demand, together with other data…