Warm weather and Royal wedding help create retail sales surge

17 June 2018 - Janet Bird

prince harry and meghan markle

The warm weather and Royal wedding have been credited with helping to create a retail sales surge in May.

Figures released by the Office for National Statistics (ONS), show retail sales volumes rose 1.3 percent last month, far exceeding the predictions of retail analysts.

The last three months showed a 0.9 percent increase compared to the previous quarter and were up 3.9 percent compared to the same month last year.

The warm weather is believed to have encouraged a surge in demand for summer fashion and outdoor goods, while the Royal Wedding encouraged spending in food stores.

While the sales surge came as very welcome good news for the UK's hard pressed retail sector, analysts warned the economic environment remains tough for both consumers and retailers alike and is likely to remain so for some months to come, as evidenced by the problems currently being experienced by Poundworld and House of Fraser.

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