Chart of the Week: Sunny weather boosts online shopping?
The new BRC numbers suggest retail sales grew faster than inflation in May, with year-on-year growth in non-food online sales hitting its highest rate since December, 2024
It looks like heatwave beat headwinds in May as the latest BRC-KPMG sales monitor showed 3.7% growth year-on-year for the month. This seems to be a reversal of the sales momentum that was lost in April and is considerably above the latest inflation read of 2.8%.
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