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Retail sales slow in July amid increased borrowing and shrinking wages

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Retail sales growth “slowed in July from June”, with like-for-likes rising just 0.9 per cent in the four weeks to July 29, compared to 1.1 per cent growth a year prior. New figures from the BRC-KPMG Retail Sales Monitor have revealed that total sales in July rose 1.4 per cent, slowing from growth of 1.9 per cent in the same month last year

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Retail sales slow in July amid increased borrowing and shrinking wages

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