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UK retail sales top estimates in April

by ChemOrbis Editorial Team - content@chemorbis.com
  • 21/05/2015 (15:05)
According to data released by the Office for National Statistics (ONS), retail sales in the UK rose by a larger amount than expected in April. The country’s retail sales, including auto fuel sales, increased %1.2 on the month in April compared with economists’ initial estimates which called for a gain of 0.4%. On a yearly basis, meanwhile, UK retail sales including fuel grew 4.7% in April.

The increase was attributed to higher sales for clothing and footwear, which jumped 5.2% on the month due to above average temperatures, posting the strongest gain since April 2011.
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