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2026-07-14 07:12:13
[UK Retail Sales Up 1.9% in June, Heatwave and World Cup Boost Consumption] 1. According to a recent report jointly released by the British Retail Consortium (BRC) and KPMG, UK retail sales grew by 1.9% year-on-year in the five weeks ending July 4. While record-breaking heatwaves impacted foot traffic in physical stores, online sales performed strongly, reaching their highest share since 2026. 2. BRC Chief Executive Helen Dickinson stated that timely promotions drove online spending, while the heatwave boosted sales of cooling products such as fans and air conditioners. Furthermore, the World Cup further boosted sales of home electronics, food, and beverages. 3. The report also noted that the retail sector still faces policy uncertainty risks, and the ongoing impact of the Middle East conflict could further weaken consumer confidence, posing potential pressure on the consumption outlook in the coming months.
