Retail sales in the UK showing signs of strength and a potential boost for the economy.
We saw UK retail sales month-on-month rise by 0.5% in September and after its previous month, August, was revised from 0.5% to 0.6%, retail sales have now reached its highest levels since back in 2022. For September we can see that the main contribution in a better performing retail sales sector came from gold and the tech sector. Gold prices have been surging recently, and gold jewellers have reported a strong demand of gold purchases.
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