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U.K. Retail Sales Jump As Discounts Spur Spending on Clothing


Friday, 15 February 2019 16:46 WIB

Ekonomi inggrisUK Retail SalesRitel sales


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U.K. retail sales rose at their fastest pace in six months in January as consumers flocked to snap up cut-price clothing.

Excluding auto fuel, the volume of goods sold in stores and online rose 1.2 percent from December, when they fell 1 percent in a Black Friday hangover, the Office for National Statistics said Friday. Total sales grew 1 percent.

The figures were boosted by clothing sales, which grew 2.1 percent, the most since May, in a month of heavy discounting, as well as food. But there were also signs of pressure on the high street as sales at department stores eased and household goods dropped 4.4 percent, the biggest drop since May 2017.

Source : Bloomberg


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