Retail sales rose 0.6% month-on-month (m/m) in February, reversing most of January’s -1.1 % decline (revised from -0.8% previously). This was lower than the consensus forecast calling for slightly stronger growth of 0.8%. Trade in the auto sector was up 1.6% m/m, reflecting an increase in sales at motor vehicle dealers (1.8%) which was partly […]

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