Data: Retail sales jump in August as customers return to office and social events
Retail sales climbed in August driven by strong formalwear sales as customers returned to the office and socialising.
Retail consumer spend jumped 3% in August compared with the previous month, driven by consumers returning to work and social events, according to the latest BRC-KPMG Retail Sales Monitor.
The 3% growth for the period was down compared with the 3.9% growth seen in the same month in 2020. It was also below the three-month average growth of 6.9% and the 12-month average growth of 10.3%.
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