Retail income roseate a astonishing magnitude successful July, arsenic bully upwind and the Women's Euros led radical to portion with their cash, authoritative figures show.
The magnitude of spending roseate 0.6% successful July, according to figures from the Office for National Statistics (ONS), acold supra the 0.2% emergence anticipated by economists polled by Reuters.
In particular, covering and footwear stores, arsenic good arsenic online shopping, experienced beardown growth.
When looked astatine connected a three-monthly basis, the
Retail income figures are important arsenic they measurement household consumption, the largest expenditure successful the UK economy.
Growing retail income tin mean economical growth, which the authorities has repeatedly said is its apical priority.
These figures were primitively owed to beryllium published successful August but were delayed by 2 weeks truthful the statistic assemblage could transportation retired "quality assurance" checks.
Following the checks, the ONS recovered a "problem", which meant it had to close seasonally adjusted figures.
As a effect of the error, antecedently monthly figures overstated the monthly volatility successful the archetypal 5 months of 2025, the ONS's manager wide of economical statistics, James Benford, said.
Mr Benford apologised for the merchandise hold and for the errors.
This breaking quality communicative is being updated and much details volition beryllium published shortly.
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2 months ago
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