The Commerce Department released a new report Friday detailing that during the holiday season, spending fell by 0.2 percent while prices rose five percent against December 2021.However, the price increase was down from November's 5.5 percent increase. Friday's report marks a third straight drop in prices month on month. Consumer spending fell 0.2 percent from November to December and was revised lower to show a drop of 0.1 percent from October to November.
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