Retail sales jump in January

Retail sales received an unexpected bump in January, driven by higher than expected demand for furniture and household goods, this is good news and we all need some dont we.

Sales were up 0.9% in January, compared to the previous month, according to the Office of National Statistics (ONS) against a 0.3% decline expected by most analysts.

The value of retail sales increased 4.4% year-on-year, while volume sales were up 2%.

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