UK retail turnover rebounded unexpectedly in January driven by sales promotions, official data showed on Friday.
Despite higher inflation, retail sales grew 0.5 percent on a monthly basis in January, in contrast to the 1.2 percent decline in December and -0.6 percent in November, data from the Office for National Statistics revealed. Sales were expected to drop 0.3 percent.
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by Renju Jaya
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