Friday, July 27, 2012
Retail sales hit by bad weather in June
Photo: CorbisRetail sales grew much less than expected in June, as wet weather hurt shoppers' appetite for barbecue food and Queen Elizabeth's Diamond Jubilee did not provide a hoped-for boost to spending, official data showed on Thursday. For the second quarter as a whole - one of the wettest in decades - retail sales volumes fell by 0.7 percent, the sharpest fall since the first quarter of 2010 and a decline that raises the chances the economy will remain stuck in recession The Office for
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