UK retail sales rose 12% in May, ex-fuel sales rose 10.2%
<p>UK retail sales rose 12.0% mom in May while ex-fuel sales rose 10.2% mom. However, over the year, retail sales dropped -13.1% yoy while ex-fuel sales dropped -9.8% yoy. In quantity bought terms, fuel grew 2.7% mom. Non-store retailing grew 3.8%. Non-food stores grew 5.9%. Food stores dropped slightly by -0.2%. Full release here.</p>
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