UK retail sales suffer largest monthly fall in 18 months

Shoppers on a busy day on the high street

Source: Shutterstock

May saw a drop in retail sales volumes across the UK, making it the largest fall in nearly 18 months, according to the Office for National Statistics (ONS).

Retail sales volumes are estimated to have declined by 2.7% in May following a 1.3% increase in April. This is the largest fall on the month since December 2023.

 

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