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UK retail sales fell in April, as miserable weather kept shoppers at home, according to a first estimate on Friday.
Retail sales fell by 2.7% in April from a year prior, the Office for National Statistics said. Sales had increased by 0.4% on-year in March, being revised up from being flat previously.
According to FXStreet, retail sales were expected to fall by just 0.2% annually in April.
Sales fell by 2.3% in April from March, following a 0.2% fall in March from February. March’s reading was worse than consensus of just a 0.4% slip.
‘Sales volumes fell across most sectors, with clothing retailers, sports equipment, games and toys stores, and furniture stores doing badly as poor weather reduced footfall,’ the ONS said.
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