Retail sales growth slows as bank holidays fail to get consumers spending
Retail sales increased but sales growth slowed to its “lowest level in six months” as the three bank holidays in May failed to get consumers spending.
Total retail sales were up 3.9% in May, against a decline of 1.1% in the same month last year, according to the BRC-KPMG Retail Sales Monitor.
On a like-for-like basis sales increased by 3.7% over the month, against a decrease of 1.5% last year.
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