UK retail sales dropped in May as the reopening of all retail sectors and the easing of hospitality restrictions reduced food store sales, data from the Office for National Statistics revealed on Friday.
Retail sales dropped 1.4 percent month-on-month in May, reversing a 9.2 percent rise in April and confounding expectations for an increase of 1.6 percent. However, sales were 9.1 percent higher than in February 2020, before the impact of coronavirus.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.