UK retail sales in April beat expectations amid warm weather

Source: Bloomberg
© Scanpix/AFP
Britain's retail sales in the last month rose strongly as sunny weather surged clothing demand. The sales jumped in April 1.2% on a monthly basis, well above the expected increase of 0.4%, as the volume of footwear and clothing sales went up by 5.2%. Spending is supported also by lower UK unemployment and the decrease in prices for consumers.
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