US, UK, Australia, and Hong Kong Retail Sales Decline in April, Raising Concerns About Consumer Spending
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#fed009b0 ver:0.45

Concerns rise as retail sales decline in US, UK, Australia, and Hong Kong in April. Softening consumer demand, high household debt, and rising prices pose risks to the economy. Inflation eases slightly, providing relief. Changing retail landscape sees non-store retailers and sporting goods decline, while petrol stations see an increase. Weak sales support potential rate cuts by the Federal Reserve and Bank of England. Mixed outlook for the economy with signs of resilience and cautious optimism. #RetailSales #ConsumerSpending #EconomicOutlook...

#newstr #Us #Uk #Australia #HongKong #RetailSales #ConsumerSpending #HouseholdDebt #RecessionWarning #Tourism #MainlandChineseTourists 

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