UK data – BRC sales like-for-like for June +10.9% y/y (vs. prior +7.9%)
British Retail Consortium "like-for-like" sales basis strips out changes in store size
– Total June sales +3.4% y/y (prior +5.9%
Solid gains, pent up demand propelling sales higher after the UK lockdown. Total sales are the highest % gain since May of 2018. From a very low base, of course.
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