20-Dec-2024

Economic Buzz: UK retail sales up 0.2% in November 2024

UK retail sales rose 0.2% month-on-month in November 2024, recovering from a 0.7% drop in October. Food store sales grew 0.5%, and non-food stores rose 0.2%, while clothing sales fell sharply by 2.6%, hitting their lowest since January 2022. Black Friday's impact will be reflected in December, although early sales were reported. Year-on-year, sales increased 0.5%, down from 2% in October.

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