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Bitesize: How trendy are retail sales?

Matthew Swannell

Since the turn of the year UK retail sales data have been grabbing headlines. Sharp contractions have been attributed to rising prices. That is no doubt part of the argument. But is there more to it?

Continue reading “Bitesize: How trendy are retail sales?” →

BankUnderground Macroeconomics 1 Comment 11/07/201710/07/2017 1 Minute
Bank Underground is a blog for Bank of England staff to share views that challenge – or support – prevailing policy orthodoxies. The views expressed here are those of the authors, and are not necessarily those of the Bank of England or its policy committees.

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