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MNI: UK DATA: Preview - UK Retail Sales Seen to......>

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MNI: UK DATA: Preview - UK Retail Sales Seen to Ease in Feb
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-MNI Median Feb UK Retail Sales including fuel y/y at 3.3%, Bbg consensus at
3.3% vs Jan 4.2%.
-MNI Median Feb UK Retail Sales including fuel m/m at -0.3%, Bbg consensus at
-0.4% vs Jan 1.0%.
-Both BRC-KPMG and VISA spending surveys point to slower sales in February.
-Non-food sector seen the biggest loser, reflecting the official data.
-Price cuts and discounts underpin sales.
-Online sales seen to maintain upward trend.

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