RTTNews - Thursday, the Office for National Statistics said retail sales in the U.K. rose 0.9% in April from the previous month, larger than the expected increase of 0.5%. On a yearly basis, sales grew 2.6%, while economists were looking for a 2.4% rise.
Predominantly food stores sales rose 1.5%, the largest increase since May 2008. At the same time, predominantly non-food stores sales were up 2.8%.
The ONS said retail sales value was 3% higher than in April 2008 and was 1.7% higher for the three months to April than in the same period a year earlier.
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