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Friday, July 24, 2020

Impressive Retail Sales in the United Kingdom


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The much-awaited Retail Sales June 2020 report came out earlier today, showing  a V-shape recovery in the UK. 
The Office for National Statistics reported that retail sales in June increased by 13.9% when compared to the previous month, beating expectations of 8.3% by a mile. Moreover, the previous month’s data was revised higher, a further positive sign.
The V-shape recovery shows the level of retail sales back to pre-pandemic levels, in a sign that the…

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