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British retail sales will increase by 1% in February


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British retail sales increased 1 percent in February, increased rapidly in department stores and clothing and household items.

Friday monthly information from the office for national statistics, the volume of the goods purchased exceeded the 0.4 percent contraction of economists.

However, this figure fell by 1.4 percent of January 1.4 percent.

Retail Inflat of three months increased by 0.3 percent compared to February, weak economic growth and low consumer confidence in the background of the confidence.

Supermarket sales returned after a strong rise in January.

Also confirmed the data on Friday England’s economy With a total of 0.1 percent increase in the fourth quarter, with an increase of 2024 percent, he stressed that the Labor government was injured in the economic energy vows.

The revised official figures have grown a bit more than 1.1 percent of the year in the year, 1.1 percent, 0.9 percent. In 2023, he followed 0.4 percent.

Chancellor Rachel Reeves promised to further strengthen regulation, major repairs and fundamental projects, including a new runway at the London Heathrow Airport, with overhaul and support.

However, the economy is struggling to gain momentum, this week, the office for budget liability, the 2025 growth forecast is a total of 1 percent.

Friday data showed that true GDP fell by 0.1 percent in the fourth quarter – with the previous estimate and for years.

This is a developing story



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