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MNI (London)
LONDON (MNI)
UK retail sales struggled in January, recording the worst performance since May as total sales fell 1.3% y/y, as a national lockdown 'hit the traditional January sales period,' according to Paul Martin, UK Head of Retail at KPMG.
"With much of the UK in lockdown for the foreseeable weeks, conditions for retailers will continue to be incredibly challenging," he added.
Source: BRC-KPMG Retail Sales Monitor
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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