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Economy

Women’s Euro and summer heatwave reduce online retail sales decline

While three of the four weeks in July saw negative growth, the week commencing 10 July – the week leading up to the hottest day – was up +5.8% YoY, only the second time any week has been positive this year

Online retail sales growth dipped -2.3% year-on-year (YoY) in July 2022 as the Women’s Euro final and the summer heatwave helped reduce the decline, according to the latest IMRG Capgemini Online Retail Index.

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