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At 11:00 (GMT+2), the UK will release February retail sales data, an indicator that tracks the monthly volume of all goods sold by retailers based on samples of stores of various types and sizes. It is an important indicator of consumer spending, which has a significant impact on gross domestic product (GDP). The indicator is expected to adjust from –0.1% to –0.2% MoM and from 2.0% to 1.8% YoY.
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