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Feb 21 2020, 08:25 GMT
Market comment
January’s retail sales point to rebound in UK consumer spending
DAVY VIEW
After a sharp slowdown in H2 2019, January’s UK retail sales figures showed a rebound in consumer spending. Core sales volumes rose 1.7% on the month, suggesting that reduced uncertainty on Brexit and the December general election have persuaded UK households to loosen their purse strings.
