UK Nov BRC retail sales like-for-like +7.7% y/y vs +5.2% prior

UK November retail sales data from the BRC

  • Highest since June
  • Prior was +5.2%

A separate survey from Barclaycard showed November consumer spending down 1.9% y/y. The skews are incredible with department store spending down 18% y/y and online grocery shopping up 97.4% y/y.

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