UK retail sales grew at the fastest pace in four months in February on robust non-food stores sales even as high inflation eats into households' purchasing power, data from the Office for National Statistics showed Friday.
British consumers' confidence strengthened to a one-year high in March driven by the rising willingness to buy and improved assessment about the overall economy, separate survey results from the market research group GfK revealed.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.