Thursday, June 21, 2012

UK retail sales rise 1.4% in May

Shoppers at Westfield shopping centre

UK retail sales volumes rose 1.4% in May from April, slightly ahead of analysts' forecasts.

Sales had slumped 2.3% in April, thanks to the wet weather and consumers panic-buying petrol in March.

The Office for National Statistics (ONS) said sales of clothes and shoes had boosted volumes in May. A monthly rise of 1.2% had been expected.

Analysts said the ONS data tied in with sales figures reported by retailers in recent weeks.



Source & Image : BBC

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