Retail sales dampened by one of wettest Februarys on record
UK retail sales declined as consumer demand was dampened by one of the wettest Februarys on record, according to the latest BRC-KPMG Retail Sales Monitor.
Total UK retail sales increased by 1.1% year on year against a rise of 5.2% in February 2023. This was below the three-month average growth of 1.4% and the 12-month average of 3.1%.
Food sales grew 6% year on year over the three months to February, below the 12-month average growth of 7.9%.
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