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UK data: BRC Like-for-like sales +2.8%, Barclays Consumer spending +4.2%

UK data: BRC Like-for-like sales +2.8%, Barclays Consumer spending +4.2%
Some perhaps encouraging headline data out of the UK, but the details are not so hot. Info via Reuters. British Retail Consortium data:total sales at chain stores +2.7% y/y in September, from +4.1% in Augustlike-for-like sales measure - which adjusts for changes in store space - slowed to show growth of 2.8% from 4.3% in August "Sales growth in September slowed as the high cost of living continues to bear down on households," BRC Chief Executive Helen Dickinson said, citing the recent increa... Read More
Posted: Oct 9 2023, 23:08
Author Name: forexlive
Views: 112254

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