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UK Retail Sales Fall Despite Festive Season: CBI

UK retailers reported a moderate fall in retail sales in December despite festive season, the Distributive Trades Survey from the Confederation of British Industry showed on Friday.

The retail sales balance rose to -15 percent in December from -18 percent in November. The score was forecast to improve more sharply to -10 percent. Sales were down for the third straight month.

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by Renju Jaya

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