April retail sales undershoot estimates but recovery continues
Growth was less than expected in April, but the economists say gradual recovery is still on track
17 June 2021 - 14:02
Retail sales surged in April, adding to signs that a recovery from the economic devastation caused by Covid-19 in 2020 is continuing even as a third wave of infections raises fresh concern about whether its momentum can be sustained.
That may offer a glimmer of hope to pandemic-weary consumers facing a midwinter spike in infections that has forced the government to tighten socioeconomic restrictions in an attempt to contain the spread of the virus. ..
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