Exact(18)
The volume of retail sales jumped by 1.1% compared with May much more than the 0.3% rise expected by the City.
Retail sales are growing rapidly in response -- up 4.7percentt in April from the month a year earlier, with a bigger rise expected when May figures are released.
Despite a 45% surge in sales on Black Friday, Argos eked out like-for-like sales growth of just 0.1% in the 18 weeks to 3 January, well below the 2% rise expected in the City.
But the ministry raised its June forecast for manufacturers' output by nearly a full percentage point, to a 1.4percentt gain, followed by a further 0.4percentt rise expected for July.
Its previous forecast was for a revenue increase in the "mid-single digits," a reflection, the company said, of the 4percentto6percentcent rise expected in spending by voice and data companies.
China's stock-market crash has underlined the uncertainties about its profound economic transformation; a string of heavily indebted emerging economies are bracing themselves for the US rate rise expected later this year; and the eurozone crisis rolls on.
Similar(42)
With unemployment above 9%, and set to rise, expect consumers to keep their wallets shut a while longer.
'Dark Knight Rises' expected to gross at least $165 million.
For our part, we have committed to increasing our funds - in the face of rising expected demand.
But the message was clear: if temperatures go on rising, expect the unexpected over the next 100 years.
When the sun rises, expect a beautiful spread of farm-fresh bacon and eggs, local coffee cake, English muffins, and fresh juices and coffee.
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