Upbeat retail sales data Drag to 2800 levels ?
Retail sales, Great Britain: July 2018
In July 2018, the quantity bought increased by 0.7% when compared with the previous month, recovering from a decrease of 0.5% in June 2018. When compared with the same month a year earlier, the quantity bought in July 2018 increased by 3.5% when compared with the slower growth of 1.1% in July 2017. The quantity bought in non-store retailing showed strong growth both on the month and year-on-year at 4.9% and 16.9% respectively. Feedback from non-store retailers suggested that online promotions further encouraged sales, while non-food stores reported a reduction in footfall in July 2018. Spending online continued to ... (full story)