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Jubilee weekend shopping in the UK was full of fever

The British preference for annual holiday weekend shopping has grown significantly. During the four-day celebration, the population bought 17 percent more than the average measured in May.

British shopping activity has increased dramatically in recent days as Country II. Queen Elizabeth celebrated the 70th anniversary of her reign. Purchases were 17 percent higher than the May average, according to the British Retail Consortium (BRC). Defender.

Consumers were particularly active on Thursday (June 2). At the time, consumption alone was 45.5 percent higher than the May average.

BRC President Helen Dickinson said she hoped the pace would continue despite the economic crisis. Dickinson’s weak May data show that rising cost of living in the UK is curbing appetite. Coincidentally, annual inflation in the UK rose to a 40-year high in April.

Restaurants were also popular on festive weekends in the UKSource: Cultura Creative / Janie Airey

High-value products such as furniture or electronics suffered the biggest decline in the past month. Overall, retail sales in May were 1 percent lower than in May 2021.

Between June 2 and June 5, from Thursday to Sunday, consumption in restaurants was 41.5 percent higher than the same time last year, showing the strength of the festive weekend. In pubs, bars and nightclubs, growth was 74.2 percent.

Experts are currently optimistic because they expect the English to enjoy the summer despite the high prices. This will benefit the entire hospitality sector in the coming period.

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