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UK retail sales sees strong rise in May UK retail sales sees strong rise in May
(about 1 hour later)
UK retail sales rose 2.1% in May from the month before, official figures show, beating expectations. UK retail sales recorded a larger-than-expected rise last month, helped by a strong increase in food sales.
Sales were also up 1.9% compared with the same month last year, said the Office for National Statistics. Sales rose 2.1% in May from the month before, and were up 1.9% from a year earlier, according to the Office for National Statistics (ONS).
The monthly change was a big upswing compared with April, when High Street sales fell 1.1%. Supermarket discounts helped to boost food sales, which rose 3.5% from April, and online sales continued to rise.
The ONS also said the total amount spent in the retail sector - sales values - rose by 3.1% year-on-year, the highest increase on record. Analysts said that the figures were further evidence that the UK economy was continuing to recover.
The figures add to hopes that the economy is continuing to recover. 'Surprisingly positive'
May's sales increase was a big upswing compared with April, when High Street sales fell 1.1% after bad weather discouraged shoppers.
The rebound in sales was widespread across most stores, the ONS said.
"Feedback from retailers suggested that promotions on summer ranges led to this increase in sales."
The ONS said that online sales continued to show strong growth, rising 10.3% from a year earlier.
Commenting on the figures, Philip Rush of Nomura said: "It's surprisingly positive - even stronger than we expected. Food store sales bounced back very strongly and the other big surprise was clothing stores."
Sales at textile, clothing and footwear stores rose 1.1% year-on-year.