UK retail sales rise modestly as consumers remain cautious

Financial Times

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Summary

UK retail sales registered only a modest rise last month and failed to keep pace with inflation, as bad weather and cautious consumers hit spending. The value of retail sales increased at an annual rate of 1.1 per cent in February, below the 2.4 per cent average of the previous three months, according to the British Retail Consortium.

Source: Financial Times

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