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Archive for 28/08/2007

Town sales hit by interest rates

Wrexham’s Town Centre Forum have reported that interest rates have affected consumer spending in the town.

According to the report July’s sales growth was the weakest since November 2006, rising 1.2% on a like-for-like basis with July 2006, when sales were up 3.4%.

It also reported that sales patterns have been distorted by torrential rain which hit clothing, footwear and outdoor sales. Growth in homeware and furniture was largely discount driven.

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