A zero growth in retail sales was recorded in April in the UK


In April, the volume of retail sales in the UK remained at the level of March, when an increase of 1.2% was recorded, data from the ONS showed. According to economists, an increase of 0.3% was expected. Sales growth in annual terms was at the level of 5.2%, with a 4.5% rise expected by economists. The retail sales indicator, which does not include automotive fuel, fell by 0.2% over the month, while the market expected it to fall by 0.5%. Compared with April last year, this indicator of retail sales increased by 4.9%, coinciding with the forecasts of economists. The volume of online sales grew at a record pace, having increased by 4.9% over the period from February to April. Grocery stores in April reduced sales by 0.3%, while the figure in clothing stores increased by 2.3%. Motor fuel was sold 1.5% more than in March.

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