Categories: Forex News

UK retail gross sales edge up by 0.2% in November


LONDON (Reuters) -British retail gross sales rose by a weaker-than-expected 0.2% in November, in keeping with figures from the Workplace for Nationwide Statistics which added to indicators of sluggish momentum within the economic system.

A Reuters ballot of economists had forecast a month-to-month enhance of 0.5% in gross sales volumes from October.

The month-to-month rise in gross sales was the primary since August however over the three months to November, volumes had been up by solely 0.3%, the weakest efficiency for the reason that three months to June, the ONS stated on Friday.

Sterling was little modified in opposition to the U.S. greenback instantly after the info.

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