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16 Aug 2024 14:54
Economic Buzz: UK retail sales up 1.4% on year in July
UK retail sales volume edged up in July as summer discounting and the European football Championship boosted department stores and sports equipment stores sales. Retail sales rose 0.5% on a monthly basis in July, following a revised 0.9% fall in June, the Office for National Statistics said Friday. Excluding auto fuel, retail sales advanced 0.7%, in contrast to the 1.3% decrease in June. Sales volumes jumped 1.4% in the year to July after a 0.3% drop in June.
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