Retail Sales Fall More Than Expected in the U.K.

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“U.K. retail sales fell more than economists forecast in February as households curtailed spending after a weaker-than-estimated increase the previous month.

Sales including fuel fell 0.8 percent from January, the most in nine months, the Office for National Statistics said today in London. Economists forecast a 0.5 percent decline, according to the median of 23 estimates in a Bloomberg News survey. The increase in January was revised to 0.3 percent from 0.9 percent….”

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Retail Sales Fall More Than Expected in the U.K.

2 views

“U.K. retail sales fell more than economists forecast in February as households curtailed spending after a weaker-than-estimated increase the previous month.

Sales including fuel fell 0.8 percent from January, the most in nine months, the Office for National Statistics said today in London. Economists forecast a 0.5 percent decline, according to the median of 23 estimates in a Bloomberg News survey. The increase in January was revised to 0.3 percent from 0.9 percent….”

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Comments are closed.