Economic Buzz: U.K. May Core Retail Sales Jump 2.1%

The U.K. Office for National Statistics said that U.K's core retail sales, which exclude automobile sales, rose 2.1% in May, beating expectations for a 0.9% increase, after falling 1.2% in the preceding month. Annual Retail Sales excluding Fuel increased 2.1%, up from the 0.6% rise and above market consensus of 0.5% growth.
Source by Commodity Insights