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US retail sales rebound unexpectedly in January
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Retail sales in the United States unexpectedly rose by 1 percent in January after a record drop for sixth consecutive months, the Commerce Department reported on Thursday.

The 1 percent increase, which followed a decrease of 3 percent in December, was much better than a 0.8 percent decline that analysts had expected.

Auto sales increased by 1.6 percent in January, while retail sales excluding autos were up 0.9 percent.

However, on a year-over-year basis, retail sales in January fell 9.7 percent from the same month in 2008 due to the economic crisis.

(Xinhua News Agency February 13, 2009)

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