A report issued on Wednesday reported that global retail sales growth will be slow by 2020 as the industry grapples with the ongoing ramifications of the US-China trade war and intensified online competition.
The Economist Intelligence Unit said revenue growth will slow to 2,2% next year, compared to 2,5% in 2019. Yet inflation would accelerate in the US dollar, exceeding US$ 20.2 trillion by 4.8 percent.
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Tags : Economist Intelligence Unit, accounting ,
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