US and UK Retail Sales Decline in April, Raising Concerns About Consumer Spending
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#fed009b0 ver:0.42

US and UK retail sales decline in April, raising concerns about consumer spending. Stagnation in US retail sales and downward revisions in previous months indicate a softening in consumer demand. High household debt, elevated prices, and interest rates may limit discretionary purchases. UK retail sales also decline, attributed to bad weather. The data paints a mixed picture for the economy, with signs of resilience and cautious optimism among retailers and consumers. #RetailSales #ConsumerSpending #EconomicOutlook...

#newstr #UsRetailSales #UkRetailSales #ConsumerSpending #HouseholdDebt #RecessionWarning #BankOfEngland #InterestRates #Gbp/usd 

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