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UK retail sales surge in October

by ChemOrbis Editorial Team -
  • 20/11/2014 (15:22)
According to data from the Office for National Statistics (ONS), UK retail sales posted the fastest pace in six months in October by 0.8% after a decrease of 0.4% recorded in September. Economists’ initial estimates called for an increase of 0.3% in a survey by Bloomberg.

The increases in the country’s retail sales were attributed to higher sales for household goods and increasing food spending. The country’s retail sales rose 4.3% year over year in October compared with the same period of the previous year.
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