Retail sales volumes (quantity bought) are estimated to have risen by 1.7% in January 2025. This follows a fall of 0.6% in December 2024 (revised down from a fall of 0.3% in our last bulletin). Food store sales volumes grew strongly in January 2025, following falls in recent months.

UK retailers enjoyed a much better January than expected, with sales showing a cautious return to form after a dismal golden quarter performance.