UK Retail Sales Jump in April, Helped by Sunny Weather
Sunny weather boosted British retail sales in April and households grew cheerier this month, according to figures published on Friday that suggested consumers might be a bright spot in an otherwise drab outlook for the economy.
Retail sales volumes jumped in April by a much stronger than expected 1.2% month-on-month, the Office for National Statistics said on Friday, after a downwardly revised 0.1% increase in March.
A Reuters poll of economists had pointed to growth of 0.2%. The increase marked the fourth back-to-back monthly rise in retail sales - a feat last achieved in 2020, when consumer spending rebounded after the first COVID-19 lockdown...
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