KBRA releases researching examining July 2022 retail sales. This month’s commentary examines flat month-over-month retail sale growth, declining gas prices, and the relative resilience of retail spending as rapid inflation and tightening monetary policy pressure households.

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KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

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