Retail sales hit record levels

Retail sales hit record levels in May with an annual increase of 1.9%. There has also been a larger than expected increase in monthly sales, up 2.1%, as sales rebounded from an unseasonably cold April.

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Retail sales up 1.9% year on year

Retail sales volumes increased by 1.9% in May compared to the same period last year, the Office for National Statistics said today.

The figures are based on a monthly survey of 5,000 British retailers.

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