May UK retail sales good, and bad?
Two news headlines that have just popped up on my Google news bar have just grabbed my attention:Rainy weather dampens UK retail sales in May after bumper April
Rainy weather dampened sales on the UK high street in May, in a dramatic slowdown after a bumper month in April, a key survey from the British Retail Consortium showed.
Like-for-like sales -- which strips out the impact of changes in floor space -- rose by 3.6 pct from the same month a year ago, down from the 4 year high of 6.8 pct in April.
Compared with:
Retail sales buoyant in May
UK retail sales grew at a heady annual pace of 6.2% in May, signalling a continuing bounce-back in consumer spending, as the dominant services sector continued to expand and recruit strongly.
Both talking about the UK, both talking about May, both talking about Retail sales. Who’s right? You decide.
posted by Paul Fisher @ 7:31 am
1 Comments:
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