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UK Luxury Sales See Little Growth Despite Banner Year for Retail Overall

Posted by Paul Fulton on Jul 13, 2015 2:35:00 PM

2015 has proven to be one for the UK retail books. The first quarter yielded significant growth in UK retail sales volumes, due to an increase in prices as well as some pleasant weather that motivated shoppers, according to a recent report by Reuters. With a 4.6 percent growth through May, low inflation and increased wages, economists believe that British consumer spending in 2015 is shaping up as the decade’s strongest year.

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