UK retail sales rose 0.4% in February

In February, retail sales in the UK increased by 0.4% compared to January, the data of the ONS showed. Compared to a 0.9% rise in the previous month, retail sales slowed growth in February. The index coincided with the estimates of economists. At the same time, the annual rate of sales growth last month peaked from December 2016 to the level of 4%, with a 3.3% increase expected by experts. The sales figure, which does not take into account fuel for automobiles, increased in monthly terms by 0.2% and increased over the year by 3.8%. Motor fuel was sold in February by 2.2% more than in January. Food sales fell by 1.2%, sales of clothing and footwear – by 0.3%. Between December and February, retail sales showed an increase by 0.7%.

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