UK Retail Sales Surge by 1% in August Due to Sunny Weather and Discounts

Warmer temperatures and end-of-season promotions boost clothing and food sales, despite a drop in consumer confidence.

Retail sales volumes rose by 1% in August, surpassing the 0.4% forecast by economists.
Supermarkets and fashion retailers saw significant increases in sales due to warmer weather and summer discounts.
Consumer confidence fell sharply in September, driven by concerns over the economic outlook and potential tax increases.
Sales of small discretionary items and premium food categories also saw a boost, while big-ticket items like furniture lagged.
Despite the monthly rise, overall retail sales volumes remain 0.4% below pre-pandemic levels seen in February 2020.