- Prior +1.9%
- Retail sales +7.0% vs +7.8% y/y expected
- Prior +9.1%
- Retail sales (ex fuel) -0.7% vs +0.5% m/m expected
- Prior +1.7%
- Retail sales (ex fuel) +4.6% vs +5.6% y/y expected
- Prior +7.2%
A swing and a miss on UK retail sales as consumption activity slows down in February. Non-store retailing sales volumes fell by 4.8% on the month while food store sales volumes fell by 0.2% on the month. The details show that some of the drop in the former may also be because of affordability concerns. That indicates that the cost-of-living crisis is starting to become more evident, as inflation grips.
