UK retail sales rose 2.9% in May after a 1.8% drop in April, with non-food retailers seeing a 3.5% increase.
UK retail sales rebounded by 2.9% in May, after a weather-affected drop of 1.8% in April. Food sales rose only 1.2%, but non-food retailers experienced a 3.5% increase, particularly in clothing, footwear, furniture, and sports goods sectors. The better weather and falling inflation boosted consumer confidence, although sales volumes remain 0.5% below pre-pandemic levels in February 2020.
June 21, 2024
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