UK Retail Sales Unexpectedly Rise As Economy Grows

Posted on Apr 25, 2014

U.K. retail sales unexpectedly rose for a second straight month in March, suggesting that consumer spending is set to lead the economic recovery that is gaining momentum. Retail sales including automotive fuel rose 0.1 percent month-on-month, figures from the Office for National Statistics showed Friday. That followed a 1.3 percent gain in February, which was revised down from 1.7 percent.

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