FX.co ★ UK Retail Sales Slip 0.4% in February, Snapping January’s Rebound

UK retail sales declined 0.4% month-over-month in February 2026, reversing part of January’s 2.0% gain, according to data updated on 27 March 2026. The latest figure suggests that consumer momentum has cooled after a strong start to the year.

The February reading compares the change in sales against January 2026, while the previous indicator measured January’s 2.0% increase versus December 2025. The shift from robust growth to a modest contraction highlights the volatility in monthly consumer spending and may prompt closer scrutiny of the resilience of household demand as the year progresses.

Analysts and market participants will be watching subsequent releases to determine whether February’s drop reflects a temporary pullback after January’s surge, or an early sign of a more persistent softening in UK retail activity.