India, May 23 -- UK retail sales rebounded more than expected in April as good weather boosted food store sales, official data showed on Friday.
A monthly survey today showed that British consumer confidence strengthened in May on hopes of easing trade tensions and the interest rate reduction by the Bank of England.
Retail sales grew 1.2 percent on a monthly basis in April, following a revised 0.1 percent rise in March, the Office for National Statistics said. Sales were expected to climb only 0.3 percent.
The four consecutive monthly rises in retail sales led to a 1.8 percent increase in the three months to April period compared to the previous three months. Sales, thus, marked the biggest three-monthly rise since mid-2021.
Moreover, o...