UK Retail Sales YoY (Mar) Y/Y 1.7% vs. Exp. 1.3% (Prev. 2.5%, Low. 0.8%, High. 2.2%)

UK retail sales have come in at 1.7% year-on-year, outperforming expectations of 1.3% despite a previous higher print of 2.5%. This stronger-than-expected performance suggests resilience in consumer spending, which could provide some support for the UK economy, potentially influencing monetary policy and interest rate expectations moving forward.