British retail sales on a fourteen-year peak

The growth rate of retail sales grew to a fourteen-year peak in the second quarter of the year in Britain, although consumers spent less in June.

According to a statement by the British statistical office (ONS), retail sales increased by 2.1 percent in the second quarter of this year, compared to the first three months of the year, which was the fastest pace since the first quarter of 2004. (MTI)