UK data – BRC measure of total sales (February) +5.2% y/y (from +4.2% prior) | Forexlive

British Retail Consortium data for February 2023:

• total sales +5.2% y/y (prior +4.2%)
• like-for-like sales +4.9% y/y (prior +3.9%). Note that British Retail Consortium Like-for-like sales data strips out the impact of changes in store size

Also Barclays data for February:

• consumer spending +5.9% y/y, bank analysts say this was negatively impacted by falls in non-essential spending, higher food prices (also suffered due to comparison with February 2022 when spending surged after restrictions were lifted)
• consumer confidence 64%, to its highest since July of 2022