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US holiday retail sales surge by 3.1%: Mastercard

Recent Mastercard spending data revealed holiday retail sales grew 3.1% year-over-year. Apparel, grocery, and restaurants saw gains, while electronics and jewelry lagged. Yahoo Finance’s Julie Hyman and Josh Lipton analyze consumer spending trends amid inflation and other economic concerns. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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