Forex News
UK retail sales edge up by 0.2% in November
2024.12.20 02:59
LONDON (Reuters) -British retail sales rose by a weaker-than-expected 0.2% in November, according to figures from the Office for National Statistics which added to signs of slow momentum in the economy.
A Reuters poll of economists had forecast a monthly increase of 0.5% in sales volumes from October.
The monthly rise in sales was the first since August but over the three months to November, volumes were up by only 0.3%, the weakest performance since the three months to June, the ONS said on Friday.
Sterling was little changed against the U.S. dollar immediately after the data.
