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Evening Standard
Evening Standard
Business
Michael Hunter

Retail sales bounce points to resilience of UK economy but reveals shifting shopping patterns

United Kingdom Economy Office for National Statistics

Discounts in department stores around Valentine’s Day meant bargain-conscious sweethearts helped retail sales rise by more than expected in February.

The month-on-month increase of 1.2% from January was notably stronger than the 0.2% forecast, in another sign of the resilience of the UK economy, which came alongside separate numbers showing growth in the service sector.

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