UK retail sales surpass expectations

Source: WBP Online
© Reuters
Retail sales rose by 1.3% for April in the UK on a monthly basis, topping analyst expectations of a 0.7% surge. The advance mostly originated from the low price levels, and the only downward pressure came from a dip in clothing and shoe sales cause by the cold weather. Retail sales are anticipated to remain steady during the rest of the year.
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