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DoubleDipRecession-v1.2

Retailing is steaming ahead in 2012, growing at a faster rate than any year since 1999, yet underlying growth between emerging and developed markets is very different. Retail sales in emerging markets are stemming from increasing demand and expansion of the retail network, while growth in developed markets is mainly driven by inflation, with real growth either static or in negative territory. Internet retailing remains a bright spot, growing strongly across all markets.

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