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Essentials Daily Insights

UK Retail Sales Plummet In April, Despite Accelerating Growth Momentum

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UK retail sales plunged 2.3% m/m in April from a downwardly revised 0.2% m/m contraction in March, significantly undershooting expectations of a 0.5% m/m decline. Household goods as well as clothing and footwear stores led the shortfall. Retailers have…

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