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Discounts put retailers back on track

Retailers turned to discounts to achieve the biggest rise in sales since last June, but were warned that their recovery may not last.

Total retail sales increased by 2.2% last month, a faster pace than the 1.4% rise a year earlier, according to figures from the British Retail Consortium and KPMG, the accountancy firm. The growth also outstripped the three-month and one-year averages of 0.8% and 1.2%, respectively.

On a like-for-like basis, a key industry metric of underlying growth, sales rose by 1.8%, compared with 0.6% in January last year.

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