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UK retail sales rise in August
The UK National Statistics Office announced that retail sales increased by 0.5% in August 2026, surpassing expectations of a 0.2% decline. This recovery came after department stores rebounded from inventory shortages and non-traditional retail outlets regained momentum following a dip in July due to previous promotional campaigns. The data also showed that sales were 2.4% higher compared to the same month last year, reaching the second-highest level since April 2022, with a 0.9% increase over the three months ending in August compared to the same period last year. Hot weather, promotional offers, and the World Cup contributed to supporting the performance of the beverages, clothing, and home goods sectors. Overall, non-food store sales rose by 0.6% in August as markets recovered from July's downturn.
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