Pursuits
U.K. Retail Sales Rise More Than Forecast After April Slump
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U.K. retail sales rose more than economists forecast in May, recovering some of the ground lost the previous month when poor weather damped demand.
Sales including auto fuel gained 1.4 percent from April, the Office for National Statistics said today in London. The median forecast of 20 economists in a Bloomberg News survey was for a 1.2 percent increase. Retail sales fell a revised 2.4 percent in April, curbed by the wettest April on record. Excluding fuel, sales increased 0.9 percent in May.