England fans helped drive up retail sales by 0.5% last month - News Summed Up

England fans helped drive up retail sales by 0.5% last month


Partying England fans helped drive a rebound in retail sales last month with volumes up by 0.5 per cent. Food and drink sales surged in June with economists saying people were stocking up during the Euros tournament. Despite a surprise dip in May, retail volumes are now 9.5 per cent above their pre-pandemic level from February last year. Partying England fans helped drive a rebound in retail sales last month with volumes up by 0.5 per centFood sales were the main factor in the increase in overall retail volumes in JuneDarren Morgan, ONS director of economic statistics, said: 'June's retail sales have picked up again following the dip seen last month, with the main driver coming from food and drink sales, boosted by football fans across Britain enjoying the Euros. Non-food stores reported a 1.7 per cent month-on-month fall in sales volumes in June, with furniture and clothing dropping away.


Source: Daily Mail July 23, 2021 06:50 UTC



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