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MNI: UK DATA: Retail Sales (May 2019) Preview -......>

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MNI: UK DATA: Retail Sales (May 2019) Preview - 0930BST
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- Retail Sales: Bbg and MNI: -0.5% m/m, 2.7% y/y; 
- Prev (Apr): 0.0% m/m, 5.2% y/y 
- Retail sales Ex Fuel: Bbg: -0.4% m/m, 2.5% y/y; MNI: -0.7% m/m, 2.4% y/y; 
- Prev (Apr): -0.2% m/m, 4.9% y/y 
- Markets look for m/m retail sales to have fallen in May, with annual sales
slowing 
- All sectors posted y/y gains in April, except for HH goods which fell by 4.5% 
- HH goods and other stores revealed the biggest downward pressure on m/m
sales...
-...while textile stores and fuel prevented further declines, in April 
- Survey evidence also suggests a decline in May's retail sales...
- The VISA spending survey showed a modest 1.4% decline in annual sales -
BRC-KPMG survey reported the worst decline since records began if Easter effects
are excluded

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