trending Market Intelligence /marketintelligence/en/news-insights/trending/-N-kT8araTY6zZRz5BGO2A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

UK retail sales unexpectedly rise in July

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


UK retail sales unexpectedly rise in July

Retail sales volume in the U.K. rose 0.2% month over month in July, following a revised 0.9% increase in June, the Office for National Statistics said.

The consensus estimate of economists polled by Econoday was for a contraction of 0.2%.

The increase was attributed to robust sales in nonstore retailing, which surged 6.9% to mark its largest monthly increase since May 2016.

"Anecdotal evidence suggests that there were a range of promotions in July 2019 from non-store retailers, which boosted sales," the ONS said.

Nonfood store sales fell 1.4% even as department stores rose for the first time this year with 1.6% growth.

Excluding automotive fuel, sales volume was up 0.2% in July. Compared to a year ago, retail sales climbed 3.3%.