(CercleFinance.com) – UK retail sales rose in October, the rise in petrol purchases more than offsetting the fall in food, the Office for National Statistics (ONS) reported on Friday.
These sales – expressed in seasonally adjusted data – were up 0.6% in volume compared to September, a month in which consumption was affected by store closures due to Queen Elizabeth’s funeral.
The ONS emphasizes that all statistical items have increased, with the exception of food sales (-1%), still penalized by rising supermarket prices.
After falling 1.2% in September, fuel sales rose 3.3% in October, a rebound the statistics office attributes to the small drop in petrol prices (-0.5%) month-on-month.
Copyright © 2022 CircleFinance.com. All rights reserved.
Did you like this article? Share it with your friends using the buttons below.