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Growing economy indicated by rise in retail sales due to Euro 2024 and summer discounts

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August 16, 2024
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Retail sales in the UK saw a significant increase in July, according to official figures released by the Office for National Statistics (ONS). The rise in sales was attributed to a boost from the Euro 2024 football tournament and summer discounting, indicating a growing economy. The ONS reported a 0.5% growth in retail sales for July, following a 0.9% contraction in June. While this increase is a…

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