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The Guardian - UK

Business

Mark Sweney

Retail sales rise in Great Britain after Iran war prompted ‘panic at the pumps’

Office for National Statistics

A man fills his fuel tank at an Esso filling station in Fife, Scotland. — The value of sales for fuel, the amount of money spent, was up by 11.6% in Great Britain amid the jump in petrol and diesel prices. Photograph: Murdo MacLeod/The Guardian

Motorists stocking up on fuel helped to push up retail sales in Great Britain last month as the Iran war prompted “panic at the pumps” amid rapid rises in petrol and diesel prices.

The Office for National Statistics (ONS) said the volume of retail sales rose by 0.7% last month, well above analysts’ forecasts of just 0.1%.

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