Dash for gold helps drive retail sales in Great Britain to three-year high
by Joanna Partridge from World news | The Guardian on (#70ZQ3)
Demand at online jewellers and release of iPhone 17 lead to bigger-than-expected rise in volumes in September
Sales at UK retailers rose unexpectedly last month to their highest level since July 2022, according to official figures, boosted by tech purchases amid the release of the new iPhone 17 as well as strong online demand for gold.
Data from the Office for National Statistics (ONS) shows that retail sales volumes rose by 0.5% in September, the fourth consecutive monthly increase, confounding economists' forecasts of a 0.2% monthly drop.
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