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Cyber Monday Sales On Track to Break Record Despite US Inflation
- Big discounts fueled 5.8% growth in spending, beating estimate
- Hot sellers included Legos, drones and digital cameras
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US shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.
Spending increased 5.8% from a year ago, making it the biggest online shopping day ever, according to Adobe Inc., which compiles the data. Adobe adjusted its online spending forecast for November and December slightly upward based on higher-than-expected spending through Cyber Monday.