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By Shaily Mittal and Laurie Laird
LONDON (MNI) - Retail sales volumes remained steady in April, far
exceeding expectations of a retreat after an unusually-strong showing in
The following are the key points from UK Retail Sales data
published Friday by the Office for National Statistics.
- Brexit uncertainty has failed to discourage the UK consumer.
Retail sales volumes were unchanged between March and April, far
exceeding expections of a 0.8% fall.
- Unusually-strong sales in March were revised even higher, rising
by 1.2% over April. That lifted first quarter sales by 1.7% over the
final three months of 2018, but the slight upward revision will not
affect later iterations of GDP, according to an ONS official.
- Retail inflation remained subdued, despite a rise in consumer
prices in April. The implied retail price deflator rose by an annual
rate of 0.2%, down from 0.7% in March, the smallest rise since November
- Non-store retailing -- largely comprised of internet sales --
accounted for much of the strength in sales volumes, rising by 0.8%
between March and April, and by 20.6% over the same period a year
- However, internet sales fell by 2.6% in value terms between March
and April, taking the percentage of internet sales to 18.7% of total
sales volumes from a record-high 19.0% in March. The ONS has no
immediate plans to introduce a series of internet sales by volume,
according to an official.
-London bureau: 44 (0) 203 865 3812; email: email@example.com