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UK data for August showed BRC sales higher than July but Barclay consumer spending lower

UK data for August showed BRC sales higher than July but Barclay consumer spending lower
Conflicting headlines out of the UK:British retail consortium August total sales +4.1% y/y vs July +1.5% British retail consortium August like-for-like sales +4.3% y/y vs July +1.8% Barclay UK August consumer spending +2.8% y/y vs July +4.0% the bank blamed on a continuation of the previous month's rainy weatherBarclays: spending on essentials grew at slowest pace since April 2020, due to lower fuel spending BRC comment:"As the rate of price rises falls, so will the extra spending needed by co... Read More
Posted: Sep 4 2023, 23:15
Author Name: forexlive
Views: 102267

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