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May retail sales fall to 14-month low

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05-28-2010, 10:57 AM

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May retail sales fall to 14-month low

A survey by the Confederation of British Industry (CBI) has revealed a fall in UK retail sales for the month of May.Its monthly distributive trades survey reported a sales balance of -18 in May from +13 in April – a 14-month low and the biggest one-month drop in the index since January 2005.According to the [...]

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