UK retail sales logged an unexpected growth in May as bank holidays and warm weather boosted demand for outdoor-related goods and summer clothing.
Despite high inflation, British consumer confidence rose for the fifth consecutive month in June to hit a 17-month high, a closely watched survey revealed Friday.
Retail sales grew at a pace of 0.3 percent in May from April, the Office for National Statistics reported. This was in contrast to the expected fall of 0.2 percent. Nonetheless, the pace of growth slowed from April's 0.5 percent increase.
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by Renju Jaya
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