UK Retail  Sales Slump
UK Retail  Sales Slump

UK Retail Sales Slump

UK Retail Sales Slump

UK retail sales fell at the fastest pace in almost five years in December as rising prices saw consumers buy less of everything from household goods to clothing and food, Bloomberg reported. The volume of goods sold in stores and online fell 1.9% from November, the Office for National Statistics said on Friday. That was the biggest drop since April 2012 and far exceeded the modest decline predicted by economists. Sales excluding auto fuel fell 2%. The fourth quarter as a whole saw sales rise 1.2%, meaning the sector made a 0.1 percentage point contribution to gross domestic product.


Short URL : https://goo.gl/IgpZMW
  1. https://goo.gl/nW44uW
  • https://goo.gl/7yRNlu
  • https://goo.gl/Pq3oqD
  • https://goo.gl/sTrFp9
  • https://goo.gl/fk90HN

You can also read ...

ADB Forecasts India Growth at 7.3 Percent
The Asian Development Bank expects India’s growth to pick up...
Dow futures dropped more than 100 points in early trading, as traders returned from the long holiday  weekend to face fresh selling pressure for US stocks.
A six-day rebound in world stocks began to splutter on Tuesday...
Ghana Told to Cut High Agro Imports
The World Bank country director for Ghana, Henry Kerali, has...
Chinese ironworks are increasingly  using Australian ore, which has  a high iron content.
Global stock markets are down from their recent peaks and...
London-based Capital Economics expects the German economy to expand by 2.7% this year. This would be above the government’s  more conservative forecast of 2.4%.
The German economy is expected to improve in the next six...
Indonesia Criticizes Trump’s Protectionist Policies
Indonesia is foregoing billions of dollars on offer from...
Goldman Raises Red Flag Over US Gov’t Spending
US fiscal policy is headed for “uncharted territory.” That’s...
File picture of truckers in Buenos Aires during a demonstration last summer against the policies of Mauricio Macri.
The Argentine economy grew “close to 2.8%” last year, Guido...

Add new comment

Read our comment policy before posting your viewpoints