Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
UK retail sales rose sharply in April, boosted by an easing of lockdown conditions and the reopening of stores designated as non-essential, the BRC said Tuesday. On a year-against-2-year-ago reading, the BRC's preferred comparison given the turbulence of 2020, total sales rose 7.3% on April 2019.
Like-for-like sales, which include a much larger input from online retailers, sales surges 46.3% y/2y, the BRC noted.
Although the sales data was strong, there was a long way back yet for retailers, with Helen Dickenson, CEO at the BRC, saying that although the "boost in sales is positive as the industry continues to invest in safety and the online offer, high streets still have a long way to go on the path to recovery."