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Warmer weather and falling UK inflation lift retail sales


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ONS says most retailers enjoyed a better month in May, with increases in clothing and household goods

Business live – latest updates

Spending in shops and online bounced back strongly last month as better weather, falling inflation and rising consumer confidence boosted spending.

The monthly update from the Office for National Statistics showed the volume of retail sales rose by 2.9% in May, after a weather-affected drop of 1.8% in April.

Continue reading…ONS says most retailers enjoyed a better month in May, with increases in clothing and household goodsBusiness live – latest updatesSpending in shops and online bounced back strongly last month as better weather, falling inflation and rising consumer confidence boosted spending.The monthly update from the Office for National Statistics showed the volume of retail sales rose by 2.9% in May, after a weather-affected drop of 1.8% in April. Continue reading…