Brisk April retail sales beat economists’ forecasts
Household furniture, appliances and equipment were the biggest contributors, along with textiles, clothing, footwear and leather goods
15 June 2022 - 14:09
UPDATED 16 June 2022 - 14:49
Annual retail sales rose briskly in April even as rising inflation and interest rates are set to strain household finances.
Retail sales rose at 3.4% year on year, the biggest increase since January and well above the Bloomberg median estimate of 1.7%. ..
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