UK retail sales rose sharply in June, driven by warmer weather and seasonal demand, according to the British Retail Consortium (BRC):
Total sales climbed 3.1% year-on-year, up from 1.0% in Maywhile like-for-like sales rose 2.7% (+0.6% in May).The BRC credited the heatwave and events like Wimbledon for boosting demand for fans, summer clothing, and sporting goods. However, much of the increase reflected higher food prices, with supermarket spending up 4.1% from a year earlier.
Despite the retail rebound, Barclays data showed overall consumer spending dipped 0.1% year-on-year in June
from +1.0% in Maypointing to continued caution among households:
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“Sales growth remains largely inflation-driven,” said BRC partner IGD, while Barclays noted that consumers are maintaining savings and remain hesitant, suggesting limited GDP growth for the rest of 2025.
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Cable not doing a lot:
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about uk retail sales rebound in june on hot weather but consumer caution lingers was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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