UK retail sales fell 4% YoY in April due to poor weather and Easter timing, impacting non-food sales.
UK retail sales disappoint in April due to poor weather, dampening consumer spending. According to the British Retail Consortium (BRC), total retail sales fell 4% year-on-year, with food sales increasing 4.4% and non-food sales decreasing 2.8%. The early timing of Easter and wet weather contributed to the drop in sales, as consumers were hesitant to spend amid rising food, energy, and fuel prices.
May 06, 2024
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