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Feb 17, 2012

UK retail sales rise 0.9% in January


Retail sales rose 0.9% in January compared with December, according to the latest figures from the Office for National Statistics. The figure was much stronger than forecast as many economists had expected sales volumes to fall.

The report showed particularly strong sales of furniture and sports goods as shoppers were tempted by steep discounts.

It builds on solid December sales when volumes rose by 0.6%