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UK retail sales rise unexpectedly in March: ONS

Summary by Khbrknews
There is growing speculation of a pick up in the pace of Bank of England interest rate cuts as the outlook for the UK economy darkens, with fresh data suggesting a renewed slump in consumer confidence. While the Office for National Statistics (ONS) reported a tentative 0.4% rise in retail sales volumes during March, a closely-watched measure of the consumer mood, covering the current month, fell back sharply.

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Sky News UK broke the news in United Kingdom on Friday, April 25, 2025.
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