Amid fears of economic slowdown, at least one sector of the global economy -- retail -- rebounded strongly over the past year, reported Cushman & Wakefield Inc, New York. Cushman & Wakefield's Main Streets Across the World 2011 report said that despite the "fragile" economic recovery and subdued consumer sentiment in many countries, global retail markets picked up, particularly in the past nine months. According to the report, 81% of the 63 countries surveyed said prime rents increased or remained static over the past year through June -- substantially higher than the previous year (66%).
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