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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Retail sales in surprise rise, consumer confidence at record low

Retail sales volumes rose by an unexpected 0.3% in July as online promotional activity boosted demand.

The figures from the Office for National Statistics showed volumes 2.3% above their pre-coronavirus level, but down over the past year.

July’s better-than-expected performance contrasted with August’s consumer confidence barometer from GfK, which posted a record low as cost of living worries mount.

Read more on the retail sales figures

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