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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Slight disappointments'

19 Jul 2024

Description

UK June retail sales were soggy, coming in below consensus (although not that many economists bother to forecast these numbers, so “consensus” is not necessarily that reliable). The weather was bad in June—there was also a rather unexpected general election campaign, but politics is not really a reason to stop shopping.

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