British Retail Consortium (BRC) Like-For-Like Retail Sales measure
- strips out changes in store size
Like for like +1.9% y/y in September
- prior +1.3%
- fastest pace of growth so far in 2017 (excluding the Easter surge)
Total sales +2.3%
- prior +2.4% in August
- remained stronger than in most months so far this year
More, via Reuters:
"Spending is still being focused towards essential purchases with consumers buying their winter coats and back-to-school items, but shying away from big-ticket items such as furniture and delaying the renewal of key household electrical goods," BRC Chief Executive Helen Dickinson said.
- On a like-for-like basis, food sales were up 2.5 percent in the three months to September
- Non-food sales were up only 0.5 percent
Separately, data from Visa on their measure of consumer spending: +1.4% m/m in September
- prior -0.4% m/m
- Biggest rise since November of 2016
- -0.3% y/y (prior +0.2%)