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U.K. E-Commerce Pulling Down Inflation

Reuters: Surging Net sales impacts U.K. inflation

Internet sales in the U.K. have grown quickly and are projected to reach about one third of consumer spending by 2010. The move to online is having a price cutting effect on the costs British punters pay from everything from TV sets to travel. The results are even, according to some analysts, showing up in inflation figures, which have been puzzlingly low in the U.K.

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