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Abstract:LONDON (Reuters) – British retail sales volumes rose by 1.4% in April from March, the Office for National Statistics said on Friday.
LONDON Reuters British retail sales jumped unexpectedly in April, official data showed on Friday, but the outlook for consumer spending remained resolutely downbeat as the costofliving crunch intensifies.p
pRetail sales volumes rose by 1.4 monthonmonth last month after a 1.2 drop in March.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pEconomists polled by Reuters had expected a 0.2 monthly fall in retail sales.p
pThe wider picture, however, remains weak.p
pRetail sales in the three months to April fell 0.3, after a 0.7 drop in March. p
pEarlier on Friday, Britains longestrunning gauge of consumer confidence, the GfK survey, fell to its lowest since records began in 1974
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