UK Retail Sales Rise Unexpectedly
04/25/2025 - 03:45:00 (RTTNews)
(RTTNews) - UK retail sales grew unexpectedly in March as good weather boosted sales of clothing and outdoor retailers, the Office for National Statistics said Friday.
Retail sales grew 0.4 percent on a monthly basis, confounding expectations for a decline of 0.3 percent.
However, this was slower than the 0.7 percent increase in February and marked the third consecutive increase.
Excluding auto fuel, retail sales gained 0.5 percent after a 0.7 percent rise. Sales were expected to drop 0.4 percent.
On a yearly basis, retail sales growth advanced to 2.6 percent from 1.8 percent in February. Similarly, core retail sales growth improved to 3.3 percent from 1.8 percent.
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