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Consumer boom over as prices rise

Mar 7, 2017 - The Daily Telegraph (London)

BRITISH shoppers cut back their spending last month, paying more for their food as prices started to rise but making savings by splashing out less on clothes and home accessories.

It is the first time non-food spending has dropped since mid-2012 and economists fear this means the economy is now slowing down - since the Brexit referendum household spending has been a big driver of growth, so a slump in spending will dent economic prospects. Food spending in the three months to February was

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