Data: Retail sales grow in January despite rising cost of living

Blurred image of shoppers on a busy high street

Retail sales rose in January despite ongoing consumer uncertainty due to rising inflation, as well as higher energy and transport prices.

Total sales increased 11.9% in January compared with the same month last year, when all non-essential retail was shut, according to the BRC-KPMG Retail Sales Monitor.

Like-for-like sales rose 8.1%, above the three-month average growth of 6% and below the 12-month average growth of 10.9%.

 

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