Economic Buzz: UK BRC Retail Sales Decline In March

12 Apr 2022 , 01:30 PM

UK retail sales declined slightly in March as consumer confidence continued to weaken, the British Retail Consortium said on Tuesday. The like-for-like sales dropped 0.4 percent in March from the previous year. Meanwhile, total sales grew 3.1 percent, underpinned by non-food sales. Food sales were down 6.1 percent, due to the timing of Easter in 2021 and compounded by the impact of the lockdown in March last year.

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