Retail sales held up better than expected in February as consumers proved they are still ready to celebrate events such as Valentine’s Day despite the-cost-of living crisis.
Total UK retail sales were up 5.2% in February against an increase of 6.7% for the same month last year – below the three-month average of 5.5% and above the 12-month average of 2.4%, according to the British Retail Consortium (BRC)-KPMG Retail Sales Monitor.
