Confidence in the retail sector dipped in the third quarter of the year on higher interest rates and a new credit law, but retailers remained upbeat, a new survey showed yesterday.
The independent Bureau for Economic Research (BER) said its retail confidence index slipped to 84 points in the third quarter from a record high 91 in the second quarter.
Despite the fall, the index indicated an overwhelming 84 percent of retailers still found business conditions satisfactory. More…
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