News summary
UK retail sales fell 2.5 percent year-on-year in April5freebingonodepositrequired2022.7%5freebingonodepositrequired2022, exceeded expectations dropped by 05freebingonodepositrequired2022.2%, a month-on-month decrease of 2.3%, a 0.4% exceeding expectations, and a weak retail market performance.
Newsletter text
[UK retail sales in April were lower than expected, down 2.7% year-on-year] The latest data shows that UK retail sales in April5freebingonodepositrequired2022The year-on-year decline far exceeded market expectations, reaching 2.7%. The market had previously forecast a decline of 0.2%. On a month-on-month basis, retail sales fell more than expected in April, down 2.3% month-on-month, expanding from the forecast of 0.4%.
