UK: Annual Retail Sales grow 1.9% in May

FXstreet.com (Barcelona) - National Statistics informed on Thursday that year-over-year UK Retail Sales increased 1.9% in May, compared with the 0.8% rise in April and above forecasts of +0.2%.

On a monthly basis UK Retail Sales climbed 2.1% in May, after falling 1.1% in April and against expectations of growing 0.8%.

Annual Retail Sales excluding Fuel increased 2.1%, up from the 0.2% rise and above market consensus of 0.6% growth. Month-over-month Retail Sales excluding Fuel edged up 2.1%, following a 1.2% decrease and exceeding expectations of +0.9%.