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Market Impact: 0.2

UK discretionary retail sales fall 1.6% in April, says BDO

Economic DataConsumer Demand & RetailCompany Fundamentals

British discretionary retail like-for-like sales fell 1.6% year-on-year in April, marking the weakest April performance in a decade outside the pandemic. The data from BDO points to soft consumer demand in discretionary spending categories. The print is negative for UK retail sentiment but is unlikely to have broad market impact on its own.

Analysis

British discretionary retail like-for-like sales fell 1.6% year-on-year in April, marking the weakest April performance in a decade outside the pandemic. The data from BDO points to soft consumer demand in discretionary spending categories. The print is negative for UK retail sentiment but is unlikely to have broad market impact on its own.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35