UK retail sales growth accelerated in August thanks to the sunny weather and the interest rate reduction, data from the British Retail Consortium showed Tuesday.
Retail sales increased 3.1 percent on a yearly basis in August, following a growth of 1.0 percent in the previous year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.