New Economy
Friday, 7/24, 04:16 PM
UK retail sales jump in the June heat as online shopping hits a five-year high
- British retail sales volumes rose 1.0% in June and were up 4.2% on a year earlier, as the second-warmest June on record sent shoppers after fans and paddling pools.
- Online shopping did especially well: internet sales climbed 14.4% year on year and reached 29.4% of all spending, the highest share since April 2021.