Global Economic News

UK Retail Sales Rebound As Weather Improves

UK retail sales rebounded at a stronger-than-expected pace in April after poor weather conditions dampened sales in March, official data revealed Friday.

The retail sales volume increased 0.5 percent month-on-month, in contrast to the revised 1.2 percent fall in March, the Office for National Statistics reported. Sales were forecast to grow more moderately by 0.3 percent.

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by Renju Jaya

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