UK retail sales up 0.3% in May - Breaking The News

UK retail sales up 0.3% in May

23 June

1 min read

EPA-EFE/TOLGA AKMEN

Retail sales volumes in the United Kingdom in May increased 0.3% compared to the previous month, the Office for National Statistics reported on Friday.

The largest positive contribution came from non-store retailing, in which sales volumes climbed 2.7% month on month.

Retail sales were up 17% from pre-COVID-19 levels from February 2020 in value terms, but were 0.8% down in terms of volumes. Online sales as a proportion of all sales stood at 26.5%.

retail sales data

Baker Hughes: US oil rig count up by 5 to 489

17 hours ago

The number of oil rigs in the United States stood at 489 in the week ending April 4, increasing by five from the week prior, according to the Baker Hughes weekly rig count released on Friday. On an annual basis, the number of oil rigs fell by 19.The US gas rig count declined by 7 to 96 during the same week, while it dropped by 14 compared to last year. The total number of rigs in the country currently stands at 590, decreasing by two from last week and sinking...

US nonfarm payrolls up by 228,000 in March

a day ago

Nonfarm employment in the United States rose by 228,000 in March, almost double the predicted amount, the Bureau of Labor Statistics revealed in its report published on Friday.The unemployment rate changed little compared to the previous month, going from 4.1% to 4.2%. The number of unemployed people remained approximately 7.1 million.Most new jobs were registered in healthcare, which added 54,000 jobs, followed by social assistance and retail...

Italy posts 0.4% budget surplus in Q4 2024

4 April

Italy recorded a public budget surplus equal to 0.4% of its GDP in the fourth quarter of 2024, according to a report released Friday by the national statistics agency Istat. The result marks a positive result compared to a 6.6% deficit in the same period of 2023.The country's primary balance was strongly positive at 4.1% of GDP, up from a deficit of 2.8% a year earlier. The current balance also improved to 5.9% of the GDP. Total public revenue rose to 55.4% of GDP,...

UK construction activity recovers slightly in March

4 April

The United Kingdom's construction sector continued contracting in March, although it recorded an uptick in activity, S&P Global found in a report published on Friday. The construction Purchasing Managers' Index (PMI) grew from 44.6 in February to 46.4 in March. Civil engineering saw its rate of contraction accelerate to its fastest since October 2020, posting the worst PMI at 38.8. The index for residential construction activity was measured at 44.7, followed by...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.