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UK data - BRC measure of total sales (February) +5.2% y/y (from +4.2% prior)

UK data - BRC measure of total sales (February) +5.2% y/y (from +4.2% prior)

British Retail Consortium data for February 2023:

  • total sales +5.2% y/y (prior +4.2%)
  • like-for-like sales +4.9% y/y (prior +3.9%). Note that British Retail Consortium Like-for-like sales data strips out the impact of changes in store size

Also Barclays data for February:

  • consumer spending +5.9% y/y, bank analysts say this was negatively impacted by falls in non-essential spending, higher food prices (also suffered due to comparison with February 2022... Read More
Posted: Mar 7 2023, 00:06
Author Name: forexlive
Views: 082192

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