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mpc: 15 As far as the expenditure data were concerned, a key question remained the near-term strength of consumption. Retail sales had risen strongly in Q4, and at the fastest rate since 2004 Q2. The BRC- KPMG Retail Sales Monitor and CBI Distributive Trades Survey both suggested some moderation in the pace of growth in January. Vehicle registrations had remained weak. The Bank's regional Agents suggested that consumer services growth had picked up.