Another Europe News
UK retail sales jump fuels recovery hopes
http://www.euronews.net/ Retail sales in Britain unexpectedly soared in January. Sales volumes rose 0.9 percent month on month to give an annual rise of two percent.
Economists had forecast a monthly fall of 0.4 percent in sales. This compares with a monthly rise of 0.6 percent in December, when shops lured cash-strapped customers with hefty pre-Christmas discounts.
Data from the Office for National Statistics noted that retailers’ promotions on household goods and furniture helped drive the monthly increase in sales in January.
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