Shop sales rebounded in January as shoppers flocked to stock up on food at supermarkets and take advantage of new year bargains.
Official figures revealed a 3.4% jump in sales following a record drop in December.
Food sales at supermarkets rose strongly while department stores reported a positive impact from January sales.
Food sales at supermarkets rose strongly while department stores reported a positive impact from January sales.
The Office for National Statistics (ONS) said that the value of goods people bought in January went up 3.9%, compared to the 3.4% increase in the volume of products they purchased.
Inflation, which measures the pace of price rises, has slowed significantly but at 4% it remains higher than the Bank of England’s 2% target. It had been raising interest rates to cool rising prices.
“Sales increased across nearly all retail sectors and it was a particularly strong month for supermarkets,” said Heather Bovill, deputy director for surveys and economic indicators at the ONS.
“Household goods stores, sports shops and department store retailers were among those reporting robust trading due to January sales promotions.”
Shop sales fell sharply in December which the ONS attributed to people shopping earlier for Christmas during Black Friday sales in November.
Shop sales rebounded in January as shoppers flocked to stock up on food at supermarkets and take advantage of new year bargains.
Food sales at supermarkets rose strongly while department stores reported a positive impact from January sales.
Official figures revealed a 3.4% jump in sales following a record drop in December.
The Office for National Statistics (ONS) said that the value of goods people bought in January went up 3.9%, compared to the 3.4% increase in the volume of products they purchased.
Food sales at supermarkets rose strongly while department stores reported a positive impact from January sales.
Food sales at supermarkets rose strongly while department stores reported a positive impact from January sales.
The Office for National Statistics (ONS) said that the value of goods people bought in January went up 3.9%, compared to the 3.4% increase in the volume of products they purchased.
Inflation, which measures the pace of price rises, has slowed significantly but at 4% it remains higher than the Bank of England’s 2% target. It had been raising interest rates to cool rising prices.
“Sales increased across nearly all retail sectors and it was a particularly strong month for supermarkets,” said Heather Bovill, deputy director for surveys and economic indicators at the ONS.
“Household goods stores, sports shops and department store retailers were among those reporting robust trading due to January sales promotions.”
Shop sales fell sharply in December which the ONS attributed to people shopping earlier for Christmas during Black Friday sales in November.
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