UK retail sales grew unexpectedly in March largely due to a rise in fuel sales as motorists stocked up on fuel amid the war in the Middle East, the Office for National Statistics reported Friday.
Retail sales increased 0.7 percent on a monthly basis in March, reversing a 0.6 percent fall in February. The increase also exceeded economists' expectations of flat growth.
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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.