UK retail sales in June beat forecasts

 
Suzie Neuwirth

UK RETAIL sales in June beat forecasts to grow by 2.2 per cent year-on-year, a welcome sign for the UK’s burgeoning economic recovery.

Sales grew by 0.2 per cent month-on-month, boosted by department store sales.

“Feedback from department stores suggested sales had increased due to promotions and consumers buying clearance items across a wide range of products,” the report said.