July increase of 0.5% eases pressure on high street, although households still holding back from big-ticket purchases
England’s run to the final of the men’s football European Championship helped to power a recovery in retail sales across Great Britain in July, easing the pressure on the high street after a washout in June.
The Office for National Statistics (ONS) said retail sales volumes rose by 0.5% last month, matching City economists’ forecasts. It follows a revised fall of 0.9% in June when poor weather deterred shoppers from spending.
Continue reading…July increase of 0.5% eases pressure on high street, although households still holding back from big-ticket purchasesBusiness live – latest updatesEngland’s run to the final of the men’s football European Championship helped to power a recovery in retail sales across Great Britain in July, easing the pressure on the high street after a washout in June.The Office for National Statistics (ONS) said retail sales volumes rose by 0.5% last month, matching City economists’ forecasts. It follows a revised fall of 0.9% in June when poor weather deterred shoppers from spending. Continue reading…
