Financial News: UK Retail Sales Recover In May

UK Retail Sales Recover In May

06/19/2026 - 05:13:00 (RTTNews)

(RTTNews) - UK retail sales rebounded in May as promotions and the hot weather drove consumer spending, data from the Office for National Statistics showed Friday.

Retail sales grew by more-than-expected 1.2 percent on a monthly basis in May, in contrast to April's 1.0 percent fall. Sales were forecast to climb 0.5 percent.

Excluding auto fuel sales, retail sales moved up 1.2 percent after a marginal 0.1 percent drop.

Data showed that non-store retailers reported the strongest growth since February 2025, up 6.1 percent. Promotions and hot weather pushed up sales of outdoor furniture and fans.

Non-food stores increased 1.1 percent, with department stores benefiting from promotions and the hot weather. Meanwhile, food store sales dropped 0.4 percent.

On a yearly basis, growth in retail sales accelerated to 3.2 percent in May from 0.1 percent in April and also came in stronger than forecast of 1.9 percent.

Excluding auto fuel, retail sales advanced 4.6 percent, faster than the 1.1 percent increase in April. Economists had forecast an increase of 3.3 percent.

Online sales value grew 3.3 percent from the prior month in May, and surged12.2 percent from a year ago.

Elsewhere, survey data from the market research group GfK today showed that British consumer confidence remained at low level in June.

The GfK consumer confidence index held steady at -23. Confidence remains subdued and vulnerable to further economic or political uncertainty, GfK consumer insights director Neil Bellamy said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Irish Inflation Eases To 3.4% In June (26 min(s), 21 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation moderated further in June to the lowest level i ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Edge Lower (36 min(s), 21 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a modest decre ...Full Story»

ADB Cuts Developing Asia Growth Outlook (37 min(s), 21 sec(s) ago)
(RTTNews) - The Asian Development Bank downgraded its growth outlook for developing Asia and the P ...Full Story»

Taiwan Trade Surplus Rises Slightly In June (01 hr(s), 02 min(s), 21 sec(s) ago)
(RTTNews) - Taiwan's foreign trade surplus increased somewhat in June from a year ago, prelimi ...Full Story»

Malaysia Central Bank Holds Rate As Expected (03 hr(s), 25 min(s), 21 sec(s) ago)
(RTTNews) - Malaysia's central bank maintained its key interest rate for the sixth straight me ...Full Story»

Romania Q1 GDP Contracts As Estimated (03 hr(s), 32 min(s), 21 sec(s) ago)
(RTTNews) - Romania's economy shrank as estimated initially in the first quarter of 2026, the ...Full Story»

Czechia Industrial Output Growth Strongest In 4 Months (04 hr(s), 0 min(s),21 sec(s) ago)
(RTTNews) - The Czech Republic's industrial output growth accelerated in May to the highest le ...Full Story»

Japan Machine Tool Orders Surge 52.8% (04 hr(s), 25 min(s), 21 sec(s) ago)
(RTTNews) - Japan's machine tool order growth quickened markedly in June amid both strong dome ...Full Story»