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UK Retail Sales Jump in April, Helped by Sunny Weather

MANCHESTER, England, May 23 (Reuters) - Sunny weather boosted British retail sales in April and households grew cheerier this month, according to figures published on Friday that suggested consumers might be a bright spot in an otherwise drab outlook for the economy.

Retail sales volumes jumped in April by 1.2% month-on-month, the Office for National Statistics said on Friday after a downwardly revised 0.1% increase in March.

A Reuters poll of economists had pointed to growth of 0.2%. The increase marked the fourth back-to-back monthly rise in retail sales - a feat last repeated in 2020, when consumer spending rebounded after the first COVID-19 lockdown.

Outside of the pandemic, it was the longest run of growth since 2004, an ONS official said.

Food sales jumped by 3.9% on the month, which the ONS linked Met Office statistics that showed the sunniest April on record. Non-food sales fell by 0.7%.

A separate report from market research firm GfK showed Britain's consumers turned a bit more confident in May, which might reflect the impact of falling interest rates and an easing of global trade tensions.

Reporting by Andy Bruce; editing by William Schomberg

Source: Reuters


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