Warmer weather and falling UK inflation lift retail sales
by Larry Elliott Economics editor from on (#6NP1M)
ONS says most retailers enjoyed a better month in May, with increases in clothing and household goods
Spending in shops and online bounced back strongly last month as better weather, falling inflation and rising consumer confidence boosted spending.
The monthly update from the Office for National Statistics showed the volume of retail sales rose by 2.9% in May, after a weather-affected drop of 1.8% in April.
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