UK retail sales registered slower growth in September amid looming budget, the British Retail Consortium said Tuesday.
Retail sales grew 2.3 percent year-on-year in September, slower than the 3.1 percent increase in August. In the same period last year, retail sales had advanced 2.0 percent.
Food sales grew 4.3 percent compared to an increase of 2.3 percent last year. At the same time, non-food sales advanced 0.7 percent versus a growth of 1.7 percent in the prior year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.