UK retail sales growth accelerated more than expected in April driven by the easing of coronavirus restrictions, data published by the Office for National Statistics showed on Friday.
Retail sales expanded 9.2 percent month-on-month, faster than the 5.1 percent increase in March and the economists' forecast of +4.5 percent. Moreover, this was the biggest increase since June 2020, when sales were up 13.9 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.