UK retail sales remained stagnant in March, contradicting expectations of a 0.3% increase.

UK retail sales remained stagnant in March, contrary to expectations of a 0.3% increase, as cautious consumers reduced spending on food and department store items. The volume of goods sold in stores and online remained the same in March, following a revised 0.1% growth in the previous month. This underwhelming outcome indicates a potentially slower recovery for the retail sector in the UK.

April 19, 2024
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