UK retail sales volume rose 3.4% mom in January, well above expectation of 1.5% mom. That was the largest monthly rise since April 2021, reversing the deep decline of -3.3% mom in December.
Sales volumes in all subsectors except clothing stores increased over the month, with food stores such as supermarkets contributing most to the increase.
Sales value rose 3.9% mom, largest rise since January 2021. Sales volume rose 0.7%
