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The proportion of people who believe it is a good time to buy a major household item rose 3% points to 28%, but is still well below those who say it is a bad time to buy at 45% (down 6% points).
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Nevertheless, on a net basis the indicator, the best for assessing retail spending, lifted 8 points to -17, its highest read since January
A gap is emerging in this key buying indicator between those with mortgages and those without.
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Inflation expectations were little changed at 5.0%, versus 4.9% last month.
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