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Weak consumer demand slows retail sales in January

UK total retail sales slowed in January, increasing by just 1.2 percent, against a growth of 4.2 percent in January 2023, as high cost of living enters third year. According to the latest British Retail Consortium KPMG Retail Sales Monitor, weak consumer demand meant that retail sales growth slowed, below the 3-month average growth of 1.9...

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