UK retail sales rebound after 4 months of decline

Britain’s retail sales grew better than expected in October, recording the first positive reading in 4 months, according to data from the Office for National Statistics.

Retail sales rose by 0.8% last October, after recording a contraction of 0.2% at the end of last September.

Economists polled by Reuters had expected a 0.5% rise.

The retail sales index measures the change in the total value of sales adjusted for inflation at the retail level.

.

See also  Stock exchanges today 21 June: Fed effect on the markets, Tokyo closes down

Leave a Comment