mpc: 19 There was also evidence of a pickup in the pace of consumption growth in Q2. Retail sales had
increased by 0.6% in April and the retailers' sales balance in the CBI
Distributive Trades Survey had
risen further in May, to its highest level since the end of 2004. In addition, evidence gathered by the
Bank's regional Agents, together with other surveys and the most recent figures for private car
registrations pointed to a strengthening of consumer spending growth.
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