UK retail sales rose 0.2% in November, driven by supermarkets and furniture, but clothing sales fell.

UK retail sales increased by 0.2% in November, following a 0.7% drop in October, according to the Office for National Statistics. Despite a 0.5% forecast, the growth was driven by supermarkets and household goods retailers, particularly furniture stores. Clothing sales, however, fell by 2.6%, their lowest since January 2022. Online sales also declined for the second month in a row. The Autumn Budget's tax hikes and rising prices remain concerns for consumer spending.

December 20, 2024
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