Bri­tish high street sees rise in tak­ings in May

The Scotsman - - Business - By SCOTT REID

UK re­tail sales in­creased for a sec­ond month in a row in May as the sunny weather and royal wed­ding en­cour­aged shop­pers to splash out on food and house­hold goods, of­fi­cial fig­ures in­di­cate.

Sales nudged up 1.3 per cent com­pared with April, with growth recorded across all main sec­tors, on the back of an up­wardly re­vised 1.8 per cent rise the month be­fore, ac­cord­ing to new data from the Of­fice for Na­tional Statis­tics (ONS).

The of­fi­cial fig­ures con­trast with a snap­shot last week sug­gest­ing that the UK high street had suf­fered its worst year-on-year May per­for­mance for 12 years de­spite the royal wed­ding, warm weather and two bank hol­i­days.

Sales were down 2.2 per cent on May last year, mak­ing it eight months since in-store like-for-like sales have shown growth of 1 per cent or more, ac­cord­ing to BDO’S High Street Sales Tracker.

The ONS said on­line spend­ing for food and cloth­ing stores con­tin­ued to rise.

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