Rolling coverage of the latest economic and financial news
The latest retail sales figure are rather stronger than expected too!
British retail sales rose by 1.8% on a monthly basis in January, the ONS reports, smashing forecasts of a 0.2% rise. That’s the largest monthly rise since May 2024.
“Retail sales rose slightly in the latest three months, as sales continued to pick up in the new year following a weak November.
“Motor fuel sales increased a little across the period, while sales of art works, tech retailers and furniture stores also performed well. These were partially offset by falls in supermarket sales.”
Continue reading…Rolling coverage of the latest economic and financial newsThe latest retail sales figure are rather stronger than expected too!British retail sales rose by 1.8% on a monthly basis in January, the ONS reports, smashing forecasts of a 0.2% rise. That’s the largest monthly rise since May 2024.“Retail sales rose slightly in the latest three months, as sales continued to pick up in the new year following a weak November.“Motor fuel sales increased a little across the period, while sales of art works, tech retailers and furniture stores also performed well. These were partially offset by falls in supermarket sales.” Continue reading…
