UK Retail Sales Experience Significant Surge Driven by Food Purchases

In a surprising turn of events, the UK retail sector has recorded its most robust sales growth since May, attributed largely to a notable increase in food purchases. According to the latest data released by the Office for National Statistics (ONS), retail sales climbed by 1.9% in January compared to the previous month, marking a stark contrast to the projected growth of just 0.8%.

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UK Grocery Inflation Soars as Festive Spending Spree Unfolds

Recent data has revealed a notable increase in grocery inflation across the United Kingdom, primarily attributed to consumers indulging in a holiday shopping spree during the Christmas season. According to statistics released on January 7, 2025, the annual rate of grocery price increases has surged, reflecting a rise in costs that has caught the attention of economists and consumers alike.

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