2024-09-21 14:03
IndustryUK Retail Sales Rise.
UK Retail Sales rise 1.0% MoM in August vs. 0.4% expected
The United Kingdom (UK) Retail Sales increased 1.0% over the month in August after rebounding 0.5% in July, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% growth in the reported month.
The core Retail Sales, stripping the auto motor fuel sales, rose 1.1% MoM, against the previous jump of 0.7% and the forecast of 0.5%.
The annual Retail Sales in the UK edged higher by 2.5% in August versus July’s 1.5% rise while the core Retail Sales advanced 2.3% in the same month versus 1.4% previous. Both figures outpaced market expectations.
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UK Retail Sales Rise.
| 2024-09-21 14:03UK Retail Sales rise 1.0% MoM in August vs. 0.4% expected
The United Kingdom (UK) Retail Sales increased 1.0% over the month in August after rebounding 0.5% in July, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% growth in the reported month.
The core Retail Sales, stripping the auto motor fuel sales, rose 1.1% MoM, against the previous jump of 0.7% and the forecast of 0.5%.
The annual Retail Sales in the UK edged higher by 2.5% in August versus July’s 1.5% rise while the core Retail Sales advanced 2.3% in the same month versus 1.4% previous. Both figures outpaced market expectations.
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