Re­tail sales re­bound post Brexit vote

The Myanmar Times - - International | Business -

Re­tail sales sur­pris­ingly re­cov­ered in Bri­tain dur­ing July as warmer weather off­set wide­spread eco­nomic uncer­tainty trig­gered by the coun­try’s vote to exit the Euro­pean Union, a sur­vey re­vealed.

A joint sur­vey by the Bri­tish Re­tail Con­sor­tium (BRC) and fi­nan­cial group KPMG showed re­tail sales grew by 1.1 per­cent in July com­pared with a year ago. It was the fastest growth for six months and com­pared with a drop of 0.5pc in June.

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