High Street

Retail sales slow despite bank holiday boost

Data from May and April show inflation running at historically record levels, as the rise in sales masked a much larger drop in volumes once inflation was accounted for

The ONS has reported that UK total retail sales increased by 3.9% in the four weeks between 30 April and 27 May, yet were still below the three-month average growth of 4.7% despite three bank holidays taking place in one month.

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