UK Retail Sales Rise 0.5% as Non-Food Stores Recover

UK retail sales volumes rose 0.5% mom in August, reversing July’s unrevised 0.5% decline and beating expectations for a 0.3% contraction. Annual growth accelerated from a downwardly revised 1.2% to 2.4%, above the 1.9% consensus. The less volatile three-month measure was also positive, with volumes rising 0.9% from the three months to May and 2.4% […]

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