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US retail sales to see only modest gains this holiday season: Deloitte

High inflation will temper U.S, holiday retail sales, per new research from Deloitte. Image credit: Deloitte High inflation will temper U.S, holiday retail sales, per new research from Deloitte. Image credit: Deloitte

 

U.S. retail sales will likely increase between 4 and 6 percent from November through January, a lower figure than the previous holiday season.