Surprise boost for shops as retail sales growth exceeds expectations

Surprise boost for shops as retail sales growth exceeds expectations
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Surprise boost for shops as retail sales growth exceeds expectations
Published: Feb, 21 2025 06:30

Summary at a Glance

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Shops were given a surprisingly big boost in January as official figures showed retail sales rose by 1.7%.

Retail sales figures are significant as they measure household consumption, the largest expenditure across the UK economy.

Growing retail sales can mean economic growth, which the government has repeatedly said is its top priority.

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