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British retail sales climb higher in August despite rising inflation

Reported by Shreya Kapoor (Senior Writer) · Google News - UK Business ·

British retail sales climb higher in August despite rising inflationRepresentative image · Wikimedia Commons

British retail sales bounced back in August by growing 0.5 percent, beating earlier forecasts by analysts. Consumers in Great Britain increased their shopping activity even though there was a pickup in inflation during the same period. The stronger retail figures add to brighter economic signs for the country, showing that household spending remains resilient despite ongoing price pressures.

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