Retail sales rise 1% in August with sales boosted by warmer weather, ONS reports
Retail sales volumes (quantity bought) are estimated to have risen by 1.0% in August 2024, following a rise of 0.7% in July 2024 (revised up from a 0.5% rise in our previous publication), the latest figures from the Office for National Statistics show.
UK retail sales hit a two-year high in August, with shoppers splurging on summer deals and food, boosting the high street.
U.S. retail sales are expected to rise 3.2% in the holiday season as companies look to deals to attract thrifty shoppers.
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