Retail sales rebound in January as Omicron eases
Sales of household goods rise strongly but food sales fall below pre-pandemic levels. …
“The solid rise in retail sales volumes in January adds to the signs that the Omicron-induced hit to activity was smaller and shorter-lived than previously thought. Even so, the cost of living crisis means the outlook for retailers is anything but bright,” said Adam Hoyes, economist at Capital Economics.
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