UK retail sales beat forecasts in April
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UK retail sales rose more than expected in April 2025, according to data released by the Office for National Statistics. Monthly sales increased by 1.2%, up from a 0.1% gain in March and well above the consensus estimate of +0.3%.
On an annual basis, retail sales grew by 5.0%, also beating forecasts of +4.5% and accelerating from December’s 1.9% rise. Core retail sales, which exclude fuel, rose 1.3% from the previous month, compared to market expectations of +0.3% and a +0.2% increase in March.
Year-on-year, core sales surged by 5.3%, more than double the 2.6% recorded in December and ahead of the projected 4.4%. The stronger-than-expected figures suggest solid consumer demand, despite ongoing economic uncertainty, and may influence future monetary policy decisions by the Bank of England.
On an annual basis, retail sales grew by 5.0%, also beating forecasts of +4.5% and accelerating from December’s 1.9% rise. Core retail sales, which exclude fuel, rose 1.3% from the previous month, compared to market expectations of +0.3% and a +0.2% increase in March.
Year-on-year, core sales surged by 5.3%, more than double the 2.6% recorded in December and ahead of the projected 4.4%. The stronger-than-expected figures suggest solid consumer demand, despite ongoing economic uncertainty, and may influence future monetary policy decisions by the Bank of England.