Confident Consumers Fuel Retail Sales Growth

Consumer confidence improved in August, with retail sales enjoying a boost of 4.1 percent in line with yearly growth.

Crowds of shoppers are seen on Oxford Street in London on Dec. 6, 2020. Peter Summers/Getty Images

Consumer confidence improved in August, with retail sales enjoying a boost of 4.1 percent in line with yearly growth.

The latest figures published by the British Retail Consortium (BRC) showed a bounce back in retail sales growth when compared to results a year ago. August numbers were also higher than the three-month average growth of 3.6 percent.