UK retail sales jump in August
UK retail sales enjoyed a robust performance in August, with volumes rising by 1%, surpassing economists' forecasts, according to the Office for National Statistics (ONS). The latest figures mark a continued recovery, following a 0.7% increase in July, and lift year-on-year sales by 2.5%. This outpaced the City consensus of a 1.4% rise.
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UK retail sales hit a two-year high in August, with shoppers splurging on summer deals and food, boosting the high street.
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