ONS Retail stats – Barclays’ comment

ONS Retail stats – Barclays’ comment

ONS Retail stats – Barclays’ comment

 

Commenting on today’s ONS Retail Sales figures, Richard Lowe, Head of Retail & Wholesale at Barclays, said:

 

“Retailers have plenty of reasons to be optimistic after the 26th consecutive month of year on year growth. Despite a colder and wetter May than normal, consumers were out in force getting ready for the sunshine. Retailers will be hoping that with continuing low inflation helping to increase consumers’ spending power, they can maintain this confidence through the summer months.”

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