UK retail sales increased in March as improving weather boosted house and garden related purchases, the British Retail Consortium reported Tuesday.
Retail sales grew 1.1 percent on a yearly basis in March. However, this was slower than the 3.5 percent growth in the same period last year.
This year, Easter is in April, while it was in March last year. This has distorted the annual comparison and made March 2025 sales lower.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.