HomeLive CommentsUK retail sales rose 1% in June, way over expectations

UK retail sales rose 1% in June, way over expectations

UK retail sales in June came in much better than expected. Sales including auto and fuel rose 1.0% mom, 3.8% yoy, versus expectation of -0.3% mom, 2.6% yoy. Sales excluding auto and fuel rose 0.9% mom, 3.6% yoy, versus expectation of -0.2% mom, 2.6% yoy.

Over the month, all four main sectors contributed positively the growth, including fuel, non-store retailing, non-food stores and food stores. Non-food stores provided the largest contribution to the month-on-month growth, with both the amount spent and quantity bought at 0.7 percentage points.

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