Unexpected Surge in UK Retail Sales in September Driven by Gold Purchases
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2025
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Source: Reuters
Retail Sales Growth: British retail sales rose unexpectedly by 0.5% in September, marking the fourth consecutive monthly increase, driven by strong demand in tech and online jewellery sectors.
Yearly Comparison: Retail sales volumes were 1.5% higher compared to the previous year, surpassing economists' expectations of a 0.4% rise.
Consumer Sentiment: A consumer survey indicated a slight increase in confidence, reaching the joint-highest level since August 2024, despite overall subdued consumer spending due to high savings rates and economic concerns.
Mixed Retailer Performance: Major retailers showed varied results, with Tesco raising its profit forecast while Greggs reported a slowdown in sales growth and B&M warned on profits.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
