Financial News: UK BRC Retail Sales Increase

UK BRC Retail Sales Increase

03/10/2026 - 08:34:00 (RTTNews)

(RTTNews) - UK retail sales increased in February on higher food sales, the British Retail Consortium said Tuesday.

Total retail sales increased 1.1 percent year-on-year in February, the same rate of growth as seen in the previous year.

Food sales expanded 2.9 percent, while non-food sales dropped 0.4 percent in February.

"February's grey, wet weather hit retail sales hard," BRC Chief Executive Helen Dickinson said.

She observed that spending was weak across most categories, online and instore, as households pulled back after Christmas and January's rebound.

"While retailers look to Spring and better weather to lift spirits and revive sales, conflict in the Middle East threatens knocking any recovery off course," Dickinson said.

Moreover, prolonged low consumer confidence adds strain on retailers already facing mounting cost pressures, higher taxes and a growing regulatory burden, she added.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Homebuilder Confidence Deteriorates Much More Than Expected April (01 hr(s), 20 min(s), 28 sec(s) ago)
(RTTNews) - Reflecting economic uncertainty coupled with rising building material costs and intere ...Full Story»

U.S. Crude Oil Inventories Unexpectedly Edge Lower (01 hr(s), 24 min(s), 28 sec(s) ago)
(RTTNews) - The Energy Information Administration released a report on Wednesday showing crude oil ...Full Story»

New York Manufacturing Index Unexpectedly Indicates Growth In April (01 hr(s), 33 min(s), 28 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Wednesday unexpectedly sh ...Full Story»

U.S. Import Prices Climb 0.8% In March, Much Less Than Expected (02 hr(s), 15 min(s), 28 sec(s) ago)
(RTTNews) - Import prices in the U.S. grew by much less than expected in the month of March, accor ...Full Story»

New York Manufacturing Index Unexpectedly Turns Positive In April (03 hr(s), 25 min(s), 28 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Wednesday unexpectedly sh ...Full Story»

U.S. Import Prices Climb Much Less Than Expected In March (03 hr(s), 30 min(s), 28 sec(s) ago)
(RTTNews) - Import prices in the U.S. grew by much less than expected in the month of March, accor ...Full Story»

Irish Trade Surplus Shrinks In February (05 hr(s), 30 min(s), 28 sec(s) ago)
(RTTNews) - Ireland's foreign trade surplus decreased in February as imports grew amid a fall ...Full Story»

Hungary Industrial Output Falls As Estimated (05 hr(s), 49 min(s), 28 sec(s) ago)
(RTTNews) - Hungary's industrial production declined for the second straight month as initiall ...Full Story»