Retail Sales in the United Kingdom improved in May.
The British Retail Consortium reported Tuesday that overall retail sales were up 3.4 percent compared to one year earlier.
Same-store sales increased 1.8 percent on year.
The increase follows an on-year decline in same store sales of 2.2 percent in April.
"Customers are still price-conscious but responding well to good deals, especially for big ticket items," said BRC Director General Helen Dickinson. "But volatile economic conditions mean that this will remain a delicate balancing act for some time to come."
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.