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UK shoppers turn out in force on Easter spending spree

Tuesday, May 09 2017
UK shoppers turn out in force on Easter spending spree

Shoppers are increasing spending once more, defying fears of an economic slowdown to ramp up their purchases last month. Total sales were up 6.3pc in April compared with the same month a year ago, according to the British Retail Consortium, bouncing back from a fall of 0.2pc in March. Barclaycard’s data also matched this picture, with spending up 5.5pc in April on the year.

The late Easter did not help the numbers - shoppers spend more over the long weekend, so its move from March and into April made the earlier month’s figures look worse, while flattering April’s data. But even stripping out the effect of a late Easter, spending was still up year-on-year. The three-month average for annual sales growth now stands at 2pc.

More in this category: « UK house prices annual growth rate remained at 3.8% Australian Retail Sales unexpectedly down in March »

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