UK retail sales growth slows to 1.7% in June, BRC data shows

Like-for-like sales growth was more than halved from May's 3.4%, pointing to weaker momentum in British consumer spending.

Summary

UK retail sales growth slowed sharply in June, with British Retail Consortium like-for-like data showing a 1.7% annual increase, down from 3.4% in May. The drop means the pace of growth more than halved month over month, suggesting British consumers pulled back on spending as retail momentum weakened.

Terms & Concepts
  • like-for-like sales: Sales comparison excluding store network changes
  • British Retail Consortium: UK retail industry trade association