Cool weather hits UK retail sales in May in gloomy sign for economy
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LONDON (Reuters) - Cold weather in May prompted the biggest drop in British retail sales this year as shoppers delayed buying summer clothes, adding to signs that the economy, struggling for momentum ahead of Brexit, is set for a weak second quarter. Monthly retail sales volumes contracted 0.5%, the Office for National Statistics said, as expected in a Reuters poll of economists and following a 0.1% fall in April.Compared with May 2018, sales rose by the least since October last year, up 2.3%...