Shopping Spree Ups Rate Rise Pressure

Summary


SHOPPERS f locked to the High Streets last month, sending sales up at their fastest pace in three years.

The CBI today said its barometer of retail activity unexpectedly jumped from plus 32 in March to plus 44 in April, the highest reading since May 2004.

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Extract


Shopping Spree Ups Rate Rise Pressure

It was well above City forecasts of plus 25 as shoppers enjoyed th...

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