British retailers report pre-Xmas sales boost in November

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British retailers report pre-Xmas sales boost...
 © CyprusMail 2022
British retail sales rose faster than expected last month, helped by Black Friday discounts, early Christmas shopping and no lockdown restrictions that closed many shops last year, official figures showed on Friday.

Retail sales volumes rose by 1.4 per cent in November on a seasonally-adjusted basis and were 4.7 per cent higher than a year earlier, when non-essential stores were closed to the public, the Office for National Statistics said.

Economists polled by Reuters had on average forecast that sales volumes would rise by 0.8 per cent on the month and be 4.2 per cent...

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Article automatically added to our system on Friday, December 17, 2021

British retailers report pre-Xmas sales boost in November

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