U.K. retail sales jump as food sales increase

Source: Reuters
© Scanpix/FP
Retail sales in the U.K. climbed much more than forecasted in April of this year, while food sales during the Easter increased considerably. The indicator showed an advance of 1.3% on a monthly basis, while year-on-year is added as much as 6.9%, the largest rise since May 2004. Service sector accounts for more than 70% of the economy and may push up economic growth in Q2.

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