Retail sales -0.4% y/y
- prior +2.7%
Total sales +3.1% y/y
- prior +6.7%
On the report, this via Reuters:
- BRC has estimated that prices among its members rose by 2.1% in the year to March - the biggest such increase in 11 years
- "As consumer confidence continued to sink, March saw sales slow, and while spend remained above last year this likely reflects higher prices," BRC chief executive Helen Dickinson said.
