Retail UK

UK retailers reported a 0.5% rebound in July 2024

UK retail sales up

The rise came after a significant drop in sales volumes, which track the amount purchased, in June due to unfavorable weather affecting demand.

Last month, department stores and retailers of sports equipment saw an uptick in the volume of goods sold thanks to the Euro football tournament.

However, the Office for National Statistics (ONS), which provided the data, noted that it was a challenging month for clothing and furniture retailers, with fuel sales declining even as prices at the pump decreased.

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