BRC: U.K. total retail sales are down 1.3% in April

Market news

12 May 2015

BRC: U.K. total retail sales are down 1.3% in April

According to the British Retail Consortium (BRC), the U.K. total retail sales declined by 1.3% in April, after a 4.7% rise in March. It was the biggest decline since March 2011.

Retail spending excluding changes in floor space fell by 2.4% in April, after a 3.2 increase in March.

The director-general at the BRC Helen Dickinson said that "confidence among consumers is slowly improving".

Asia Pasific Stocks closed:

U.S. one-year ahead inflation expectations are 2.7% in April

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