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flag UK retail sales unexpectedly rose 1% in February, contrary to economists' forecasts of a 0.4% drop.

flag UK retail sales rose by 1% in February, exceeding economists' predictions of a 0.4% drop. flag The increase was fueled by strong sales in department stores, hardware shops, and clothing outlets, despite a slight decline in food sales. flag This positive trend comes as retailers prepare for higher costs due to increases in the minimum wage, employer taxes, and business rates in April. flag Retail sales volumes show growth for both the three-month and annual periods, but remain below pre-pandemic levels.

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