UK retail sales rose by 0.7 percent in March

British retail volumes beat expectations in March despite concerns over inflation and fuel prices. Consumer sentiment remains low as retailers face uncertainty.

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Retail activity in the United Kingdom defied expectations in March, with official data showing a 0.7% increase in sales volumes. This performance significantly outpaced the 0.1% growth forecasted by economists in a recent Reuters poll, providing a brief moment of resilience as the sector navigates the economic fallout from the conflict in Iran.

A shopper carrying bags enters a retail outlet in London during late March. REUTERS/Jaimi Joy

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