TeleTrade - Analytics


717.00 6.50/10
57% of positive reviews

18.06.2015 09:11 UK retail sales rise 0.2% in May


The Office for National Statistics released its retail sales data for the U.K. on Thursday. Retail sales in the U.K. increased 0.2% in May, exceeding expectations for a flat reading, after a 0.9% gain in April. April's figure was revised down from a 1.2% rise.



The slower growth was driven by lower sales of clothing, which dropped by 1.6% in May. It was the biggest decline since September 2014



Food sales rose 0.6% in May, the biggest rise since December 2014.



On a yearly basis, retail sales in the U.K. climbed 4.6% in May, missing forecasts of 4.8% increase, after a 4.6% rise in April. April's figure was revised down from a 4.2% gain.

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree