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Retail sales jump in January

The latest figures from the IMRG Capgemini e-Retail Sales Index reveal 16% year-on-year growth as shoppers spent £6bn online during January.

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  • Capgemini in the News »
Published 17 February 2012

Retail sales received an unexpected bump in January, driven by higher than expected demand for furniture and household goods.
Sales were up 0.9% in January, compared to the previous month, according to the Office of National Statistics (ONS) against a 0.3% decline expected by most analysts.

The value of retail sales increased 4.4% year-on-year, while volume sales were up 2%.

The positive figures fuel optimism that the economy is turning a corner. Separate research from the IGD today claims that British consumers are starting to feel more positive about their financial situation and “believe that the worst is behind them”.

To read the original article on Marketing week, please click here: Retail sales jump in January
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