UK Retail Sales See Biggest Monthly Rise Since 2024 Driven by Art, Antiques, and Online Jewellery
Retail sales in Great Britain experienced their largest monthly increase since 2024 in January, surpassing forecasts, with growth primarily fueled by strong sales in art, antiques, and online jewellery.
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New Year's sport supplement buying adds to January retail sales surge
Continuing strong sales from online jewellers after a recent spike in gold prices also helped drive the increase.
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January increase of 1.8% beats forecasts and was also driven by shoppers snapping up jewellery online Business live – latest updates Retail sales in Great Britain rose 1.8% in January, the largest monthly increase in almost two years, according to official data, as heavy discounting and post-Christmas sales drew consumers back to bigger ticket purchases. The rise easily beat forecasts of a 0.2% rise and was partly driven by sales of artwork and antiques sales in January, alongside continued strong sales from online jewellers, the Office for National Statistics (ONS) said. It was the biggest monthly rise since May 2024. Continue reading...
By Alex Daniel
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