UK Retail Sales Surge by 2.9% in May, Beating Expectations

Warmer weather, bank holidays, and promotional events drive a strong rebound in consumer spending across multiple sectors.

Retail sales in the UK increased by 2.9% in May, surpassing the forecasted 1.8% rise.
Improved weather conditions and two bank holidays contributed significantly to the boost in sales.
Fashion, furniture, sports equipment, and toy stores saw notable growth.
Online sales also experienced a significant uptick, with clothing purchases soaring nearly 10%.
Experts suggest a summer of high-profile sporting events could further enhance consumer confidence and spending.