![](https://www.mnnofa.com/wp-content/uploads/2022/02/retail-sales-rebound-in-january-as-omicron-eases.jpg)
“The solid rise in retail sales volumes in January adds to the signs that the Omicron-induced hit to activity was smaller and shorter-lived than previously thought. Even so, the cost of living crisis means the outlook for retailers is anything but bright,” said Adam Hoyes, economist at Capital Economics.
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