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US Holiday Sales Growth Likely to Slow as Inflation Hits Shoppers

A Better Approach to ‘Buy Now, Pay Later’

US sales growth is expected to slow this holiday season as consumers facing decades-high inflation cut back on discretionary spending, according to the Mastercard SpendingPulse report released on Tuesday.

No longer able to bank on pandemic relief aid, budget-conscious consumers are looking to stretch their dollars amid soaring prices of food and gas and are turning to bargain hunting, which is expected to drive up e-commerce sales amid an…


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