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UK Retail Sales Record Biggest Monthly Drop Since 2023

  • UK retail sales fell by 2.7% in May, according to the Office for National Statistics.
  • This decline follows a revised increase of 1.3% in April, indicating a significant shift in consumer behavior.
  • Hannah Finselbach, an ONS senior statistician, stated that food retailers faced a dismal month, leading to reduced purchases.
  • Despite the May decline, retail sales rose by 0.8% over the past three months compared to previous months.
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Devdiscourse broke the news in India on Friday, June 20, 2025.
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