Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Retail sales volumes in the UK jumped 5.4% in March from the previous month, as coronavirus restrictions began to ease. This is up from February’s 2.2% growth, and far stronger than the 1.5% gain expected by the City. Figures just released by the Office for National Statistics showed that compared with March last year, sales were up 1.6%.
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where statistics make a nonsense. what is this recovery in proportion to say sales at 15 months ago a realistic reflection of plight