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UK Retail Growth Continues Long Upward Trend

Wednesday, September 20, 2017

Retail sales grew by 1% in the month of August according to the Office of National Statistics (ONS) with strong growth in clothes and non-essential items. This is the 52nd month of rises, indicating the continued progress of the UK economy after the financial crash of 2008. The ONS warned however that growth in food sales was flat and the contribution of petrol stations decreased, these could be early indications that growth is beginning to subside.

More news from sourcingfocus: Online Retail Shows Healthy Growth Despite Inflation

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