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UPDATE 1-Mexico retail sales rise for fourth time in five months

(Adds table, details on sales) MEXICO CITY, July 25 Mexican retail sales advanced for the fourth time in five months in May as consumer spending continued to support growth in Latin America's second biggest economy, data from the national statistics office showed on Monday. Adjusted for seasonal swings, retail sales rose by 1.2 percent from April, the figures showed. Compared to the same month a year earlier, sales increased by 8.6 percent. In the first five months of

UK PM May concerned by lawmakers' damning report on BHS

LONDON, July 25 A damning report by British lawmakers on the role of retail tycoon Philip Green in the demise of department store chain BHS is "clearly concerning", a spokeswoman for Prime Minister Theresa May said on Monday.

German business morale falls slightly after Brexit vote

BERLIN, July 25 German business morale fell in July, a survey showed on Monday, suggesting company executives in Europe's largest economy have become less optimistic since Britain voted to leave the European Union.

Turkey's Erdogan signs first decree under state of emergency

ISTANBUL, July 23 Turkish President Tayyip Erdogan has ordered the closure of more than 1,000 private schools and has extended the period in which suspects can be detained without charge, in his first decree since declaring a three-month state of emergency, the state news agency Anadolu reported on Saturday.

UPDATE 1-Mexico annual inflation up more than expected in early July

(Recasts with annual rate) MEXICO CITY, July 22 Mexico's annual inflation rate rose faster than expected in early July, driven up by higher gasoline prices, but it was still below the central bank's target. Inflation in the 12 months through mid-July rose to 2.72 percent, the national statistics institute said on Friday. That was above a forecast of 2.66 percent in a Reuters poll and the 2.55 percent rate in early June. Mexico's central bank targets a rate of 3 percent

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