By Staff Reporters
***
***
Bitcoin: Rallied 2% after Russia said it would begin accepting it as payment for oil and natural gas.
Retail Sales: Fell and consumer confidence is at its lowest level in 16 months amid the recent surge in living costs.
Office for National Statistics: Reported an unexpected 0.3% decline in retail sales volumes for February, although some of this weakness reflected a drop in food sales as more people went out to pubs and restaurants.
Consumer Confidence: Continues to deteriorate after GfK reported the worst reading since November 2020 as households face up to 30-year-high levels of inflation, record fuel and food prices and a recent interest rate hike.
***
COMMENTS APPRECIATED
Thank You
Subscribe to the Medical Executive-Post
***
***
Filed under: Investing, LifeStyle | Tagged: Bitcoin, Consumer Confidence, GfK, Office for National Statistics:, ONS, retail sales |
Leave a Reply