UK retail sales rebound in Aug; up 0.6 pct from July to beat ...
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According to official data from National Statistics, retail sales rose 0.6 pct in August from July for a 6.5 pct annual increase. The figures were well above expectations of a 0.2 pct decline and a 5.8 pct gain respectively.
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Retail sales rebounded by 0.6 percent in August, buoyed by higher sales in food, department and clothing stores, defying expectations of a second monthly decline.
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WASHINGTON -- Consumers increased their spending in July by the largest amount in six months and the back-to-school shopping season got off to a strong start in August, boosting hopes the economy will not stumble into a recession this year.
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Retail sales posted a modest gain in August, helped by the biggest jump in auto sales in more than a year. But there are concerns that spending could falter as the steep slump in housing and financial market turbulence weigh on consumer confidence.
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The dollar got a lift from a sharp rebound in US retail sales which raised the possibility of US interest rates moving slightly higher.
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Target Corp  on Thursday said August sales at stores open at least a year rose 6.1 percent, beating expectations and sending its shares up more than 2 percent.
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Higher interest rates and a damp, cool summer take their toll on UK retail sales in August, says the CBI's latest trades survey.
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Britain&#39;s retail sales unexpectedly bounced back last month as shoppers apparently shrugged off the Bank of England&#39;s five interest rate rises since November.
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Shops all over the UK reported strong sales on Saturday despite reports of disappointing pre-Christmas sales.
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Inflation rose to 2.5% in August, the latest figures from the Office for National Statistics show.
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Shoppers are wary about High Street spending despite August's better weather, the latest sales figures show.
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Consumers continued to spend at a  stronger-than-expected pace in August as lower gasoline prices  helped spur spending in other areas, pushing up retail sales by  an unexpected 0.2 percent, a government report showed on  Thursday.
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UK retail sales rose slightly more than expected last month, as higher interest rates fail to bite, official figures show.
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The Commerce Department said that stocks of unsold goods increased by 0.9 percent in July, down from a 1.1 percent rise in June. Sales, meanwhile, rose by 0.6 percent in July - three times the 0.2 percent increase registered in the previous month.
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British retail sales rose more than expected in October and at their sharpest pace in three months. The Confederation of British Industry said 37% of firms in its monthly distributive trades survey saw sales
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Business & money: Sales back into positive territory after double-digit decline suffered earlier this year.
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US consumer spending rebounded in July, a sign the economy may be emerging from an early summer decline. Consumer spending rose 0.8% last month, boosted by car and retail sales.