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Reuters reported that Mastercard Spendingpulse said on Saturday that U.S. retail sales rose 2.5% year-on-year on Black Friday, excluding auto sales and not taking into account inflation.
In September, Mastercard’s SpendingPulse, which measures in-store and online retail sales across all payment forms, said it expected U.S. retail sales, excluding autos, to rise 3.7% during the holiday period from November 1 to December 24.
(Source: Reuters Image source: freepik)
