UK retail sales dropped -5.1% in March, record contraction

<p>In quantity term, UK retail sales dropped sharply by -5.1% mom in March, a record contraction since the series began. Ex-fuel sales dropped -3.7% mom. Over the year, total sales dropped -5.8% yoy while ex-fuel sales dropped -4.1% yoy. In the three months to March, retail sales volume dropped -1.6% 3mo3m. Sales at food stores [&#8230;]</p>
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