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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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.