UK retail sales rose 1.2% in May, beating forecasts in World Economy News 20/06/2026 British retail sales volumes increased 1.2% in May compared with the previous month, according to official figures released Friday. The increase exceeded expectations from economists, who had forecast a 0.5% monthly rise. Year-over-year retail sales volumes climbed 3.2%, surpassing the 1.9% increase predicted by economists. The three-month period ending in May showed retail sales volumes up 0.4% compared with the three months ending in February. Non-food stores drove the growth, with department stores performing well during May due to favorable weather conditions. Computer and telecommunications retailers continued their growth trajectory following product releases in March. Non-store retailers also posted gains after strong performances in March and May. The May increase followed a 1.0% decline in April, which was revised upward from an initially reported 1.3% fall. March sales rose 0.7%, revised up from the previously reported 0.6% increase. Retailers attributed the May sales volume increase to promotional activities and hot weather, which boosted sales for non-store retailers and department stores. Source: Investing.com 2026-06-20 hellenicshippingnews... tweet Share