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Updated · Bloomberg · Jun 19UK Retail Sales Surge 1.2% in May as April Drop Is Revised to 1%
3 articles · Updated · Bloomberg · Jun 19Summary
- UK retail sales volumes jumped 1.2% in May, the strongest monthly rise since January and well above economists’ 0.5% forecast.
- ONS data showed the rebound followed a revised 1% fall in April, when households were hit by high fuel prices.
- Online and in-store goods sales both contributed to the gain, offering a positive signal for the broader UK economy.
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