ONS retail stats +1%
ONS shows a boost for retail.
Results in from the ONS to report that retail sales rose 1% in January.
The high street has had it tough for the past few years and we may not be out of the woods yet but it’s as positive result.
Contrasting a 0.7 fall in December 2018 but showing a 4.2% rise against January 2018 it surpassed the economists expectations and is one of the largest annual rises in sales for more that two years.
Whilst Brexit dominates the headlines and the countries focus perhaps consumers feel they have been keeping too long a tight hold ?. (credit Mylo Portas, Peak & The Retail Bulletin)