UK Retail Sales Soars In October
The Office for National Statistics (ONS) said sales volumes in October were up 7.4% from a year earlier, while on a monthly basis, sales jumped 1.9% from September – a much stronger increase than economists had forecast.
The retail industry continued to show strength on a quarterly basis as well, with the quantity bought in the three-month period increasing by 1.9% compared with the previous quarter to mark the 34th consecutive period of quarterly growth.…
