UK Retail Sales fall 1.0% MoM in December

The UK Retail Sales arrived at -1.0% over the month in December vs. -0.5% previous. The Core Retail Sales, stripping the auto motor fuel sales, fell by 1.1% MoM vs. -0.3% previous. On an annualized basis, the UK Retail Sales plunged 5.8% in December versus -5.7% prior while the Core Retail Sales tumbled 6.1% in the reported month versus -5.6% previous.