UK retail sales rose by 0.7 percent in March
British retail volumes beat expectations in March despite concerns over inflation and fuel prices. Consumer sentiment remains low as retailers face uncertainty.
Xurve View
Insights:
Xurve View
Retail activity in the United Kingdom defied expectations in March, with official data showing a 0.7% increase in sales volumes. This performance significantly outpaced the 0.1% growth forecasted by economists in a recent Reuters poll, providing a brief moment of resilience as the sector navigates the economic fallout from the conflict in Iran.
