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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...
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Posted: Sep 4 2023, 23:15
Author Name: forexlive
Views: 102267