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No clear retail picture from surveys

UK retail sales showed an unexpected year-on-year rise in early March, according to a survey yesterday from the Confederation of British Industry which is slightly more upbeat than a separate report today showing consumer confidence at a 15-year low.

UK retail sales showed an unexpected year-on-year rise in early March, according to a survey yesterday from the Confederation of British Industry which is slightly more upbeat than a separate report today showing consumer confidence at a 15-year low.