TD Securities analysts note United Kingdom (UK) Retail Sales for March surprised to the upside at 0.7% month-on-month versus their 0.1% forecast and a flat market consensus.
TD Securities analysts note United Kingdom (UK) Retail Sales for March surprised to the upside at 0.7% month-on-month versus their 0.1% forecast and a flat market consensus. The strength was driven mainly by food and fuel, with Easter timing and front-loaded fuel purchases.