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Retail sales leap on spring bank holiday spending fest
June 01, 2023
|Evening Standard
BANK holidays, the Coronation and the Eurovision song contest all gave the struggling High Street a welcome spring boost in the first half of May, latest retail figures show today.
Total retail sales excluding fuel were up 5.9% year on year according to new data from Mastercard SpendingPulse, an index that measures in-store and online spending, with supermarkets and pubs and restaurants particularly benefiting.
Natalia Lechmanova, senior economist, Europe at Mastercard Economics Institute, said: “This spring, we have increasingly seen Brits prioritise spending on essential sectors such as grocery, and on restaurants making the most of the Coronation weekend and consecutive May bank holidays.
هذه القصة من طبعة June 01, 2023 من Evening Standard.
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