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UK retail sales unexpectedly rose 1% in February, contrary to economists' forecasts of a 0.4% drop.
UK retail sales rose by 1% in February, exceeding economists' predictions of a 0.4% drop.
The increase was fueled by strong sales in department stores, hardware shops, and clothing outlets, despite a slight decline in food sales.
This positive trend comes as retailers prepare for higher costs due to increases in the minimum wage, employer taxes, and business rates in April.
Retail sales volumes show growth for both the three-month and annual periods, but remain below pre-pandemic levels.
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Las ventas al por menor del Reino Unido aumentaron inesperadamente un 1% en febrero, contrariamente a las previsiones de los economistas de una caída del 0,4%.