The UK retail sales came in at 1.9% over the month in January vs. 1.0% expected and -4.0% prior. The core retail sales, excluding the auto motor fuel sales, stood at 1.7% MoM vs. 1.2% expected and -3.9% previous. On an annualized basis, the UK retail sales jumped by 9.1% …
Read More »UK: Retail Sales Plunge by 3.7% in December
Retail Sales in the UK declined by 3.7% on a monthly basis in December following November’s increase of 1% (revised from +1.4%), the UK’s Office for National Statistics reported on Friday. This reading missed the market expectation for a decline of 0.6% by a wide margin. On a yearly basis, …
Read More »UK retail sales positively exceed expectations
Data from the Office for National Statistics in Britain revealed that retail sales grew more than market expectations and recorded a positive reading for the second time in a row, as the retail sales index recorded a growth of 1.4%, compared to market expectations of a growth of about 0.8% …
Read More »UK Retail Sales Post a Positive Reading For The First Time in 4 Months
Data from the Office for National Statistics in Britain revealed that retail sales grew more than market expectations and posted a positive reading for the first time in 4 months at the end of last October. The retail sales index recorded a growth of 0.8%, compared to market expectations of …
Read More »UK CBI Retail Sales Balance Improves to 30 in October
The Confederation of British Industry’s (CBI) latest Distributive Trades Survey showed on Tuesday that the Retail Balance in the UK improved to 30 in October compared to 11 in September. the Sales Expectations Balance advanced to 35 for November, compared to 29 for October. Finally, the stock levels in relation …
Read More »UK Retail Sales Unexpectedly Fall in August
British retail sales volumes fell unexpectedly last month, official data showed on Friday, the longest streak of declines since records began, although sales volumes are still above pre-pandemic levels. The Office for National Statistics said sales fell 0.9 percent month-on-month in August, compared to the median forecast of economists in …
Read More »UK: Slight Slowdown in Retail Sales in July
Data for the retail sector showed that British retailers slowed slightly in July after sales growth hit its highest level in nearly three years in June, the first full month after the reopening of non-essential stores that were closed due to the Coronavirus. The CBI sales volume index fell compared …
Read More »UK Retail Sales Are Falling Again After April Spree
British retailers said sales were back to normal levels earlier this month after a surge in demand in April, as the easing of lockdown restrictions allowed unnecessary stores to reopen for the first time sinceMonths. The Confederation of British Industry said its monthly index of whether sales are more or …
Read More »UK Retail Sales Recovered Less in December
Official data revealed that British retailers struggled to recover in December from partial lockdown measures the previous month, marking a weak end to their worst year on record, while public borrowing rose to its highest levels since 1962. These numbers bode poorly for Britain’s economy in early 2021, as it …
Read More »UK Retail Sales Rise Ahead of Christmas
A survey on Monday showed that UK retail sales rebounded in December with restrictions on stores eased and consumers buying food and other essentials before Christmas, but the outlook for January is the worst since summer. The monthly report of the Confederation of British Industries showed that the balance of …
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