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Evening Standard
Evening Standard
Business
Jonathan Prynn

High street hit as retail sales slump in month after "awful April" bill hikes

Supermarkets were particularly badly hit by a “dismal” slowdown in retail spending in May (Yui Mok/PA) - (PA Wire)

Retail sales fell sharply in May in the month after consumers were hit by a raft of “Awful April” higher bills that bit deeply into household budgets.

Latest figures from the Office for National Statistics show the volume of sales fell 2.7% in May, the biggest monthly decline since December 2023.

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