This ad will be closed automatically in X seconds.

Retail sales rise in May

The Office for National Statistics has reported that sales volumes grew by 0.3% in May, boosted by warm weather and bank holidays.

The increase was better than expected by analysts, but slightly less than the 0.5% growth in April.

The increase is said to be due to continued good weather, the King’s Coronation and the three bank holidays in the month.

Senior statistician for the ONS, Heather Bovill, said: “Retail sales grew a little in May, with online shops doing particularly well selling outdoor goods and summer clothes as the sun began to shine.”

Non-store sales grew by 2.7%, but food sales were down 0.5%, showing that consumers may be cutting back amidst inflation.

 

MORE NEWS
Copy of Progressive Preschool featured image (7)
 
Spring Fair has launched a competition to win £1000 to spend at the February 2025 show....
Copy of Progressive Preschool featured image (5)
 
Rubies has launched a Skibidi Toilet range, inspired by the popular YouTube series created by Boom. ...
Copy of Progressive Preschool featured image (32)
 
Reports suggest that Party City is planning to file for bankruptcy within the next two weeks....
Copy of Progressive Preschool featured image (6)
 
2024 has been a challenging year for many in the party industry and will likely be looked back on as the new dawn of the industry after some major shifts. Partyworlwide.net looks back at some of the key moments. ...
Copy of Progressive Preschool featured image (32)
 
Bloomberg has reported that Party City is planning a second bankruptcy filing almost two years after it filed for one in the US....
Copy of Progressive Preschool featured image (77)
 
Anantara Palazzo Naiadi hotel has opted for sustainable Christmas decorations made by Gemar....
Get the latest news sent to your inbox
Subscribe to our daily newsletter