UK retail sales leap in January as consumers defy weak outlook
LONDON (Reuters) -British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May last year, according to official data published on Friday that suggested consumers were happy to spend despite a weak outlook for the economy.
Retail Sales Fell 0.9% in January
U.S. retail sales fell more than expected in January, dropping a seasonally adjusted 0.9% from December to $723.9 billion, the Commerce Department said. Economists surveyed by The Wall Street Journal had expected a drop of 0.
Michigan retailers start 2025 strong with positive January sales
Annual data shows that 48% of Michigan retailers saw an increase in sales during 2024, while 47% saw a decrease and 5% noted no change. When asked about their overall sales outlook for the current year, 58% of retailers surveyed said they expect 2025 sales to exceed 2024.
UK retail sales sharply rebound in January beating expectations
Increasing retail sales in January and improving consumer confidence in February could point towards more optimism in the UK economy, however, concerns persist about slow economic growth and the threat of US tariffs.
January retail sales fall a much more-than-expected 0.9%
According to a Friday U.S. Census Bureau report, retail sales for January were down 0.9% from the December. But total sales for November 2024 - January 2025 were up 4.2%.
January retail sales up 5.44%, consumer confidence falls
Consumer spending in January was down from the robust pace in December but still posted a 5.44% gain when compared with January 2024, according to the National Retail Federation
UK consumers defy weak outlook to ramp up their spending
British retail sales rose in January for the first time since August and by much more than expected, according to official data that suggested consumers were happy to spend despite a weak outlook for the economy.
Retailers bounce back as January sales defy Britain's economic woes
UK retailers enjoyed a much better January than expected, with sales showing a cautious return to form after a dismal golden quarter performance.
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