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FX.co ★ UK Core Retail Sales Show Positive Growth in March 2024

UK Core Retail Sales Show Positive Growth in March 2024

The United Kingdom's core retail sales showed positive growth in March 2024, reaching 0.4%. This marks a significant improvement from the previous indicator of -0.5% in February 2024. The data, which was updated on 19 April 2024, indicates a positive trend in consumer spending for the country.

The comparison of the current indicator to the same month a year ago shows an increase in core retail sales, reflecting a growth in the UK retail sector. This improvement is a positive sign for the economy, as consumer spending plays a vital role in driving economic growth. The latest figures suggest a promising outlook for the retail industry in the United Kingdom as it continues to recover and thrive.

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