UK Retail Rebound in March as Geopolitics Loom Over Inflation Outlook

AI Briefing

• – UK retail sales rose 0.7% in March, beating expectations, after a revised -0.6% drop in February.
• – The rebound was driven by a 0.8% increase in non-food sales, excluding fuel.
• – The data provides some relief for retailers amid concerns over inflation and geopolitical uncertainty.