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Thursday, February 19, 2015

Clothing retail sales – the good, the moderate and the ugly

By Chris Wilcox  |  Source: US Department of Commerce, European Commission, Japan Ministry of Economy, Trade and Industry, China Commerce Department

Clothing retail sales in the major wool consuming countries over the first three months of the Autumn/Winter period of 2014-15 was a mix of the good, the moderate and the ugly. Consumer confidence is improving in some countries. However, the economic outlook for 2015 is rather patchy in spite of the boost caused by the drop in oil prices.

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