UK retail sales climb back to pre-pandemic levels

As per the ONS data, UK retail sales rose above pre-pandemic levels in July. The retail sales volumes rose by 3.6% between June & July. The sales are 3% higher than Feb. before WHO declared a pandemic and the UK was placed in lockdown. However July’s rise in retail sales was not as pronounced as the previous two months. In May, retail sales had increased by 12% and in June they had risen by 13.9%.