UK retail sales in June beat forecasts
UK RETAIL sales in June beat forecasts to grow by 2.2 per cent year-on-year, a welcome sign for the UK’s burgeoning economic recovery.
Sales grew by 0.2 per cent month-on-month, boosted by department store sales.
“Feedback from department stores suggested sales had increased due to promotions and consumers buying clearance items across a wide range of products,” the report said.