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Evening Standard
Evening Standard
Business
Jonathan Prynn

Bounce in retail spending ‘is blip before the storm’

Economists predict slight retail rise is calm before the storm (Jane Barlow/PA)

(Picture: PA Wire)

Retail enjoyed an unexpected summer bounce last month as promotions and hot weather persuaded shoppers to spend heavily online.

Sales volumes were up 0.3% in the month, compared with City forecasts of a 0.2% dip, providing a brief respite for the long suffering high street.

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