FX.co ★ UK Core Retail Sales Show Positive Growth in March 2024

The United Kingdom's core retail sales showed positive growth in March 2024, reaching 0.4%. This marks a significant improvement from the previous indicator of -0.5% in February 2024. The data, which was updated on 19 April 2024, indicates a positive trend in consumer spending for the country.

The comparison of the current indicator to the same month a year ago shows an increase in core retail sales, reflecting a growth in the UK retail sector. This improvement is a positive sign for the economy, as consumer spending plays a vital role in driving economic growth. The latest figures suggest a promising outlook for the retail industry in the United Kingdom as it continues to recover and thrive.