April GDP likely to suffer due to retail sales figures, although consumer confidence on the rise

Retail Sales Plummet in April Due to Poor Weather, According to Office for National Statistics Retail sales in the UK took a sharp downturn last month, falling 2.3% according to newly released data from the Office for National Statistics (ONS). This decline was even worse than the 0.4% decrease predicted by economists polled by Reuters. The ONS report revealed that the quantity of goods and…

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