UK retail sales rise as weather warms, inflation cools | The Malaysian Insight

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UK retail sales rise as weather warms, inflation cools | The Malaysian Insight
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UK retail sales rise as weather warms, inflation cools

Britain’s Office for National Statistics says retail sales by volume grew 0.7% last month helped by warmer weather and some competitive pricing as inflation cools. – AFP pic, July 21, 2023.

BRITISH retail sales climbed more than expected in June, official data showed today, offering respite for the government after heavy defeats overnight in votes centred largely on its economic record. Sales by volume grew 0.7% last month, compared with growth of 0.1% in May, helped by warmer weather and some competitive pricing as inflation cools, the Office for National Statistics said in a statement.

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