UK retail sales rose 0.8% in Aug, 4% above pre-pandemic level

UK retail sales rose 0.8% mom in August, above expectations of 0.7% mom. Over the year, sales rose 2.8% yoy, below expectation of 3.0% yoy. That’s the fourth consecutive month of growth, resulting in an increase of 4.0% comparing with February’s pre-pandemic level.

Full release here.