GBP BRC Retail Sales Monitor y/y
Leads the government-released retail data by about 10 days, but has a narrower focus as it only includes retailers who belong to the BRC. Full reports are only available to BRC subscribers;
- GBP BRC Retail Sales Monitor y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 3, 2024 | 0.4% | 1.2% | -4.4% |
May 6, 2024 | -4.4% | 1.8% | 3.2% |
Apr 8, 2024 | 3.2% | 1.8% | 1.0% |
Mar 4, 2024 | 1.0% | 1.6% | 1.4% |
Feb 5, 2024 | 1.4% | 1.2% | 1.9% |
Jan 8, 2024 | 1.9% | 2.3% | 2.6% |
Dec 4, 2023 | 2.6% | 2.5% | 2.6% |
Nov 6, 2023 | 2.6% | 2.4% | 2.8% |
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- GBP BRC Retail Sales Monitor y/y News
- From sharecast.com|May 6, 2024
UK total retail sales fell 4% year on year in the April as wet spring weather deterred shoppers, despite businesses offering hefty discounts in an attempt to entice customers into stores, according to a survey published on Tuesday. The rain dampened sales growth for clothing and footwear, especially outdoor sportswear, as well as DIY and garden furniture, the BRC-KPMG retail sales monitor for the four weeks to April 27 said. The early timing of the Easter break also had an impact, it added. However, promotions in computing boosted ...
- From nasdaq.com|Mar 4, 2024
British consumer spending slid in February as bad weather kept shoppers at home, according to a survey on Tuesday that showed households remained cautious to spend in the face of high borrowing costs and inflation. The British Retail Consortium (BRC) said consumer spending increased by 1.1% in February from a year earlier, representing a fall after inflation is taken into account, and slightly below the 1.2% rise in January. "As many households continue to adapt budgets to meet higher essential costs, including higher mortgage rates, ...
- From bnnbloomberg.ca|Feb 5, 2024
UK retail sales slowed at the start of the year as consumers tightened their purse strings in another sign of tepid economic demand. Total sales increased 1.2% in January, compared with a three-month average of 1.9%, the British Retail Consortium and consultancy KPMG said Tuesday. The figures are not adjusted for inflation, which was 4% at the end of last year. “Easing inflation and weak consumer demand led retail sales growth to slow,” said Helen Dickinson, chief executive officer of the BRC. “While the January sales helped to boost ...
- From brc.org.uk|Dec 4, 2023
Black Friday began earlier this year as many retailers tried to give sales a much-needed boost in November. While this had the desired effect initially, the momentum failed to hold throughout the month, as many households held back on Christmas spending. Health and beauty products showed stronger growth, but non-food sales were down overall year on year. November had the highest proportion of non-food goods purchased online for 2023, though this remains below the previous years’ level. Retailers are banking on a last-minute flurry of ...
- From nasdaq.com|Nov 6, 2023
British consumer spending grew at the slowest pace in more than a year last month, reflecting concerns about the cost of living in the run-up to Christmas, according to a survey released on Tuesday. Barclays said spending on its debit and credit cards between Sept. 24 and Oct. 21 was 2.6% higher than a year earlier, the smallest annual increase since September 2022 and down from growth of 4.2% the month before. Adjusted for consumer price inflation - which was 6.7% in September - the volume of goods and services bought by British ...
- From brc.org.uk|Oct 9, 2023
Sales growth in September slowed as the high cost of living continues to bear down on households. Big ticket items such as furniture and electricals performed poorly as consumers limited spending in the face of higher housing, rental and fuel costs. The Indian summer also meant sales of autumnal clothing, knitwear and coats, have yet to materialise. With sales volumes down, growth has been artificially boosted by high inflation over the last two years. As inflation eases, so too will longer-term sales growth prospects. The coming ...
- From brc.org.uk|Aug 7, 2023
The slowing pace of retail price inflation fed through into slower sales this July. Spend was further depressed by the damp weather, which did no favours to sales of clothing, and other seasonal goods. Online retail was particularly hard hit as the long-term trend back to in-store spending continued, leading to the lowest online penetration rate since the pandemic began. Consumer confidence remains fragile, with last week’s rise in interest rates pushing mortgage rates up ever higher. The Government must get a handle on the economy, ...
- From bnnbloomberg.ca|Jul 10, 2023
British retailers said activity picked up in June as rising prices forced consumers to pay more for food and warmer weather spurred purchases of leisure items from swim wear to barbecues. The British Retail Consortium said its measure of like-for-like sales grew 4.2% from a year ago in June after, quicker than the 3.7% pace of expansion recorded in May. Food sales jumped 9.8% in the second quarter while other goods increased just 0.3%. “Sun-seekers headed to their favorite retailers to buy swim wear and beach towels, and outdoor ...
Released on May 6, 2024 |
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Released on Nov 6, 2023 |
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Released on Oct 9, 2023 |
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Released on Aug 7, 2023 |
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Released on Jul 10, 2023 |
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