Retail sales, Great Britain: May 2022

Retail sales, Great Britain: May 2022

From ons.gov.uk

Retail sales volumes fell by 0.5% in May 2022 following a rise of 0.4% in April 2022 (revised from a rise of 1.4%); sales volumes were 2.6% above their pre-coronavirus (COVID-19) February 2020 levels. In the three months to May 2022, sales volumes fell by 1.3% when compared with the previous three months; this continues the downward trend since summer 2021. The fall in sales volumes over the month was because of food stores, which fell by 1.6%; reduced spending in food stores seems to be linked to the impact of rising food prices and the cost of living. Automotive fuel sales volumes rose by 1.1% in May 2022, which ... (full story)

Interest rates between usd and gbp is difference but GU heading north. Whats the matter?

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