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UK retail sales fall in January

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Reuters
British retail sales unexpectedly fell in January as snowy weather hurt food stores and other retailers, reviving worries that the economy may be slipping into a third recession in four years. Sales volumes including automotive fuel slipped 0.6 per cent in both monthly and annual terms, the Office for National Statistics said on Friday, compared to economists' expectations for solid growth in both numbers.

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First Published: Feb 16 2013 | 12:02 AM IST

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