6/20/2013

UK retail sales rose 2.1% last month after a 1.1% decline in April, beating economists' forecast of a 0.8% increase as food sales and online retail grew at their fastest pace in two years, the Office for National Statistics said Thursday. "A recovery in the U.K. economy may be taking root," said economist Martin Beck. "Retail sales may provide a modest boost to growth in the second quarter."

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