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03 AUG 2026 MONDAY
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UK Retail Sales Fall More than Forecast in World Economy News 23/05/2026 UK retail sales volumes dropped 1.3% month-on-month in April 2026, more than expectations of a 0.6% fall and reversing a revised 0.6% rise in March. This marked the biggest fall since May 2025, mainly due to a 10.2% slump in fuel sales, the sharpest decline since November 2020, as motorists made fewer journeys and delayed refuelling amid higher prices. This followed a jump in the previous month when many consumers had stocked up on fuel due to the Middle East conflict. Excluding automotive fuel, retail trade decreased 0.4%. Sales at non-food stores went down 1.0%, with clothing store sales falling 2.4% to their lowest level since June 2025, as retailers cited volatile weather conditions, weaker demand, and heightened price sensitivity. Non-store retailers also reported reduced sales, with unpredictable weather weighing on seasonal campaigns. On a yearly basis, retail sales were unchanged, compared with forecasts of a 1.3% increase and a revised 1.4% gain in March. Source: Trading Economics 2026-05-23 hellenicshippingnews... tweet Share
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news Hellenic Shipping News ·2026-05-23

UK Retail Sales Fall More than Forecast

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